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Mexican Peso Jumps, Gold Retreats as Clinton Seen Taking Debate
Financial markets judged the first of three American presidential debates a win for Hillary Clinton, as Mexico’s peso rallied from a record low, U.S. stock index futures gained and gold retreated. The peso, a proxy for Republican candidate Donald Trump’s election prospects, rebounded almost 2 percent and Canada’s dollar strengthened from its weakest level since March, a sign investors see a reduced chance he will win. Haven assets including the yen declined, with Japan’s currency losing ground versus all 16 major peers. In a CNN/ORC poll of debate watchers, 62 percent said Clinton won the exchange. Wagers ... (full story)
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