From the Bank of Tokyo Mitsubishi UFJ
The yen has weakened modestly in the Asian trading session following yesterday’s first US Presidential debate. Several snap opinion polls have signalled that Hillary Clinton was judged to have won the debate triggering some initial relief amongst investors which has helped to boost high yielding and emerging market currencies in particular the Mexican peso. A snap poll of 1,000 debate watchers from Public Policy Polling found that 51 percent thought that Hillary Clinton had won compared to 40 percent who though that Donald Trump had won.
