Mexican Peso Gains Strength as Trump Falls, Oil Rises

The video discusses the inverse relationship between Donald Trump's polling and the Mexican Peso, highlighting market reactions during debates and the impact of Trump's potential policies on trade and remittances. It also covers the influence of oil prices on currencies like the Mexican Peso, Canadian Dollar, and others, with a focus on Russia's stance on oil production and its effects on the market.

What was the immediate reaction of the Mexican peso during the market opening in Asia after the debate?

• It depreciated by 2%

• It remained stable

• It depreciated by 1.2%

• It rallied by 1.2%

Why do traders consider the Mexican peso a valuable proxy in relation to Donald Trump's policies?

• Because of potential changes in trade agreements

• Due to Mexico's large population

• Due to the peso's stability

• Because Mexico is a major oil producer

What percentage of Mexico's exports go to the United States?

• 50%

• 60%

• 75%

• 90%

Which currency was mentioned as not being as good a proxy as the Mexican peso?

• British pound

• Euro

• Canadian dollar

• Japanese yen

What was Russia's stance on oil production that influenced currency movements?

• Increase production

• Support a production freeze

• Decrease production

• Maintain current levels