Trump's Rhetoric Shakes Up Currency Market

The video discusses the relationship between Trump's political actions and the Mexican peso's value. Initially, there was skepticism about this correlation, but by September, it became evident that Trump's influence was significant. Immigrant workers in Texas benefit from the peso's depreciation, allowing them to send more money home. The video explains the peso's fluctuations and forecasts potential changes based on the US election outcome, with predictions from Goldman Sachs indicating further depreciation if Trump wins and appreciation if Hillary Clinton wins.

What are the potential consequences for the Mexican peso if Trump wins the election according to Goldman Sachs?

How do the forecasts differ for the Mexican peso if Hillary Clinton were to win the election?