The Mexican peso just took off.
The currency is up by about 1.0% at 18.7488 against the US dollar in early Monday trade, according to Bloomberg data tweeted by Bloomberg’s Emma O’Brien.
FBI Director James Comey informed Congress on Sunday around 3:15 p.m. ET that a review of new emails found in relation to the bureau’s investigation into Clinton’s use of a private email server had not yielded any reason for charges against the Democratic presidential nominee.
Given that Republican candidate Donald Trump’s anti-trade platform could have negative repercussions for the Mexican economy, the currency has become something of a gauge of his prospects over the past couple of months of the campaign.
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