The peso turned higher against the dollar in midday trading on Tuesday, trading at 18.48 to the dollar, compared with 18.56 late Monday. Mexico's currency has been seen as a proxy to Donald Trump's chances in the presidential election, with most analysts expecting the peso to sharply weaken in the event of a victory by the Republican candidate. Earlier, it traded at 18.67 to the dollar.
Continue Reading Below
Copyright © 2016 MarketWatch, Inc.