Natixis’ Juan Carlos Rodado cited in Bloomberg’s presidential election market analysis

juan-carlos-rodado-natixisFollowing Republican candidate, Donald Trump’s victory in the U.S. presidential election, the Mexican peso is heading for its worst slide since 1995. Indeed, the president-elect’s pledges to both renegotiate the North American Free Trade Agreement (NAFTA) and build a wall along the U.S.’s southern border secured the peso’s position as a barometer for Trump’s presidential polling performance.

Speaking to Bloomberg in the wake of the election result, Juan Carlos Rodado, Director of LatAm Research, Natixis CIB Americas, says: We’re talking about an election that could determine the future of trade, that can call into question 20 years of economic integration.” With this in mind, Rodado believes the peso will end the year at 21 per dollar on the back of Trump’s victory.

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