Mexican Peso rejoice FBI’s no new conclusions

Mexican Peso has fanatically rejoiced the decision taken by the Federal Bureau of Investigation (FBI) over the weekend that the bureau has reached no new conclusions and retains the similar conclusions that were shared in July. FBI wrote in a letter to the congress stating of its no new conclusions, just like it did on last to last Friday, saying it is reopening the email probe.

The Mexican peso, which has been feeling the heat lately on the increased possibility of a Trump-win has clearly cheered the move. The peso is currently trading at 18.61 per dollar, up more than 2 percent today so far.

The US election is scheduled tomorrow and we have forecasted a win by Donald Trump and according to our calculations, Trump will win at least 314 electoral votes. If that happens, expect the Mexican peso to fly past 20 per dollar key resistance and test 25 per dollar within a very short span of time.