On Monday, sterling was down again, after paring its losses from the flash crash of Friday. The Mexican Peso and stock futures in the U.S. rose as investors see less of a chance that Donald Trump the GOP presidential nominee will win the November election.

The pound dropped by one half percent versus the U.S. dollar that was boosted by the expectations that the Federal Reserve would increase its interest rates during December even though last Friday’s jobs report was slightly weaker than had been expected.

The currency in the UK is now at $1.2401 or 0.2% lower. One currency strategist in London with Morgan Stanley said investors must prepare for more weakness in the pound.

During trading on Friday in Asia, the pound fell 20% to a low of three decades at $1.149 in just minutes as investors concerns over the impending exit of Britain from the European Union began to snowball upon the triggering of automated computer trades.

Britain’s FTSE 100 fell by 0.1% but was able to outperform other major stock indexes in Europe as the companies that are internationally focused on the index gained on revenues overseas and competitiveness at the time the pound falls.

The FTSE 250, which is more focused domestically, was off by 0.2%.

One of the biggest fallers in Europe on the pan-European STOXX 600 was Deutsche Bank. The Germany based bank fell 3% after CEO John Cryan could not reach a deal with the Department of Justice in the U.S. over the sales of securities that were mortgage backed.

Another mover of note in currencies was the peso in Mexico, which was up at one point by 2%, as the chances of Trump winning the race for the White House appeared far less after the second debate on Sunday night against Hillary Clinton.

Trump vowed he would build a wall between the border of Mexico and the U.S. and renegotiate or end NAFTA the free trade agreement with Mexico, if he were elected.

A quick poll of people who watched the debate showed that 57% thought that Clinton won versus 34% for Trump.

Stock futures in the U.S. were up over 0.2% suggesting that Wall Street is set to open up. Stock markets in the U.S. are open Monday though its bond market is not due to Columbus Day.

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