Mexican Peso Crashes Overnight as Donald Trump Surges to Victory

As President-elect Donald Trump’s chances of becoming president increased exponentially last night, the Mexican peso bottomed out as currency traders realized that Trump might actually win.

As of early Wednesday morning, the Peso was down roughly 10 percent — a massive drop in such a short amount of time — and it was likely to continue to fluctuate severely in the next few days, Prothom Alo reported.

The peso wasn’t alone. Stock futures were down by roughly 700 points before markets in America even opened. Markets around the world were also reacting negatively to the uncertainty of America’s next president having never held elected office…

Source: Mexican Peso Crashes Overnight as Donald Trump Surges to Victory