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Hook
Elite Nomad
Posts: 9009
Registered: 3-13-2004
Location: Sonora
Member Is Offline
Mood: Inquisitive
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Mexican Peso in the FX markets pointing to a Hillary victory?
It was only a little over a week ago, when the FBI director came out with his pronouncement of new emails related to the Hillary Clinton's private
server, that it took 19.9 pesos to "buy" a dollar in the foreign exchange markets. Apparently, many large investors felt that the FBI revelation could
tip the election in favor of Trump. And a Trump win is perceived as being bad for Mexico
Now that that brouhaha has blown over, the peso is now stronger than it has been in August. One dollar is now worth about 18.2 pesos. That's a big
change in eight days or so.
[Edited on 11-9-2016 by Hook]
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AKgringo
Elite Nomad
Posts: 6004
Registered: 9-20-2014
Location: Anchorage, AK (no mas!)
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Mood: Retireded
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So that's how our president is selected!
So why are the talking heads on TV and radio wasting our time?
If you are not living on the edge, you are taking up too much space!
"Could do better if he tried!" Report card comments from most of my grade school teachers. Sadly, still true!
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Hook
Elite Nomad
Posts: 9009
Registered: 3-13-2004
Location: Sonora
Member Is Offline
Mood: Inquisitive
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It's still the votes that decide it.
But it is interesting to see where "bets" are being made. Sometimes bets are lost.
Now, gold is spiking again as The Donald is doing much better than expected. And the peso is back to 19.5 in a little less than two hours.
Unprecedented!!!!
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Hook
Elite Nomad
Posts: 9009
Registered: 3-13-2004
Location: Sonora
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Mood: Inquisitive
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Now, 19.8.
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Hook
Elite Nomad
Posts: 9009
Registered: 3-13-2004
Location: Sonora
Member Is Offline
Mood: Inquisitive
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Dow futures down almost 500 points, with Trump's strength.
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Hook
Elite Nomad
Posts: 9009
Registered: 3-13-2004
Location: Sonora
Member Is Offline
Mood: Inquisitive
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Futures down 600. Peso at 20.23, an all-time low.
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Bajaboy
Ultra Nomad
Posts: 4375
Registered: 10-9-2003
Location: Bahia Asuncion, BCS, Mexico
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No worries...Trump will fix it
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AKgringo
Elite Nomad
Posts: 6004
Registered: 9-20-2014
Location: Anchorage, AK (no mas!)
Member Is Offline
Mood: Retireded
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The wall may have to be built with dollars instead of pesos!
If you are not living on the edge, you are taking up too much space!
"Could do better if he tried!" Report card comments from most of my grade school teachers. Sadly, still true!
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joerover
Banned
Posts: 676
Registered: 2-3-2011
Location: earth
Member Is Offline
Mood: sleepy
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22:49
Trump ahead by 46 electorol votes.
Dollar very strong.
Scientologist very sad because hillary is losin
Normal people happy because of strong dollar.
Why did I trade money early on the 8th, should have waited.
the fat lady is breeding
which means
The fat ladys are breeding
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Bajaboy
Ultra Nomad
Posts: 4375
Registered: 10-9-2003
Location: Bahia Asuncion, BCS, Mexico
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Quote: Originally posted by joerover | 22:49
Trump ahead by 46 electorol votes.
Dollar very strong.
Scientologist very sad because hillary is losin
Normal people happy because of strong dollar.
Why did I trade money early on the 8th, should have waited. |
Normal people? I'll let my Mexican neighbors know they're not normal...according to you
[Edited on 11-9-2016 by Bajaboy]
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joerover
Banned
Posts: 676
Registered: 2-3-2011
Location: earth
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Mood: sleepy
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Trump was not against Mexican people. He said he wanted to stop the flow of drugs across the Mx border. Sober people make the $ stronger, Nomans get
more pesos and live a little cushier.
hillary = weak dollar
A guy in Tijuana was selling hillary for prison shirts a while back
the fat lady is breeding
which means
The fat ladys are breeding
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Hook
Elite Nomad
Posts: 9009
Registered: 3-13-2004
Location: Sonora
Member Is Offline
Mood: Inquisitive
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Actually touched 20.6. And Trump still hasn't been declared the winner. But it is looking likely.
Where will it go if/when he is declared the winner?
[Edited on 11-9-2016 by Hook]
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yellowklr
Senior Nomad
Posts: 507
Registered: 4-14-2006
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I might be throwing a VICTORY party!!!!
Derek
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mtgoat666
Select Nomad
Posts: 18114
Registered: 9-16-2006
Location: San Diego
Member Is Offline
Mood: Hot n spicy
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Interesting times we live in!
I never could have imagined that a campaign based on hating immigrants and foreigners would sell so well.
I am dumbfounded that hate was what the voters wanted.
Well,America, you asked for it!
Let's see what trump does now... I think he is saying to himself, "oh, chit."
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Hook
Elite Nomad
Posts: 9009
Registered: 3-13-2004
Location: Sonora
Member Is Offline
Mood: Inquisitive
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Peso has settled at around 19.8. The dollar, which weakened as the Trump victory seemed inevitable, has regain strength against the Euro.
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shari
Select Nomad
Posts: 13045
Registered: 3-10-2006
Location: bahia asuncion, baja sur
Member Is Offline
Mood: there is no reality except the one contained within us "Herman Hesse"
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mind boggling....period
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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
Member Is Offline
Mood: must be 5 O'clock somewhere in Baja
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The voters have spoken. Get over it and move on
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mtgoat666
Select Nomad
Posts: 18114
Registered: 9-16-2006
Location: San Diego
Member Is Offline
Mood: Hot n spicy
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We are all flocked.
Mexico is even more flocked.
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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
Member Is Offline
Mood: must be 5 O'clock somewhere in Baja
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People like you and with your mindset and comments like that are what the problem is.......
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
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Pollsters should have listened to the Heartland of America.
"YOU CAN'T LITTER ALUMINUM"
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