The Mexican peso has gone wild during the presidential debate, indicating markets see Clinton in charge

Before the US presidential debate, many were eyeing moves in the Mexican peso as a guide to markets’ verdict on whether Hillary Clinton or Donald Trump was winning the showdown.

After an hour of sparring between the two, peso traders have been marking it down as a clear Clinton win.

In the immediate aftermath of the debate around 10:46 p.m. ET, the USD/MXN was trading at 19.5328 against the dollar, down 1.7% for the session. That means peso is strengthening against the US dollar, indicating that traders think Clinton is in charge.

Screen Shot 2016 09 26 at 10.26.28 PM

(Business Insider Australia)

While that’s the prevailing view, there’s still another 30 minutes in the debate. And, as shown in the chart below, the move in the USD/MXN only reverses the move seen in recent days that took the peso to its weakest level on record against the US dollar.

Screen Shot 2016 09 26 at 10.27.11 PM

(Business Insider Australia)

NOW WATCH: NASA is bringing back one of its most experimental and dangerous programs

More From Business Insider

• Here's everything you need to know about the first Clinton-Trump presidential debate tonight
  

• White House staff share somber details of how Hillary Clinton coped with the Monica Lewinsky affair
  

• The abuse allegations against Brad Pitt relate to the treatment of one of his sons