Trump Scare Sends Mexican Peso Volatility to 5-Year High: Chart

With just about a month to go before U.S. presidential elections, currency traders are seeking protection against a Donald Trump victory. Options contracts on the Mexican peso’s price around the Nov. 8 vote show traders expecting the highest volatility in about five years. Mexican assets are among the most exposed to potential policy changes in the U.S. in the event of a win for Trump, who favors renegotiation of trade deals.

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