Markets are showing their highest levels of volatility since the Brexit vote in response to Donald Trump's victory in the US Presidential election.
The Mexican Peso fell more than 10 per cent against the US Dollar, breaching 20 pesos per $ for the first time, as traders anticipate that a President Trump would impose policies that damage the Mexican economy.
Peso down 10 per cent
Volatility in the value of the Japanese Yen, which is something of a safe haven currency, has been higher than in the wake of the 23 June Brexit vote.
Major yen volatility
The global financial volatility index known as the VIX has soared 40 per cent.
The price of Gold - a safe haven in times of stress and uncertainty - jumped $50 to $1,330 an ounce.
The global oil price fell 3 per cent at $44.68 per barrel.
Stock markets in Asia sold off
Japan's Nikkei 225 Index fell 5.36 per cent
The markets are also now scrapping bets on the probability of the American central bank, the Federal Reserve, raising interest rates in December, as was previously expected due to the strengthening US economy.
Interest rate rise off the table
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