Should you consider the Mexican peso since Trump's election?

Could grow by over 10% in 2017

It seems that more than any other market, Mexican stocks are a macro trade. The country's currency, the peso, correlated well with US President Donald Trump's ratings in the opinion polls throughout last year.

This was understandable in view of the protectionist hostility emanating from the new President, whose talk of a wall and tariffs on imports from Mexico - contradicts the spirit of the North American Free Trade Agreement.  The peso plunged further on 9 November 2016 following the election result, ending the year 17% down against the US dollar, at a time when other emerging currencies strengthened for the first time in four years.  The Mexican stockmarket, too, was weak. However, the peso has since stabilised, while equities have staged something of a recovery. So is it all in the pric...