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The US presidential candidates have been through three debates. Here, we look at what happened during each of them.
The upcoming US election is set to be one of the most divisive in modern history. The two candidates, Democrat Hillary Clinton and Republican Donald Trump, have had three combative televised debates so far.
If you happened to miss the debates, Currencies Direct has put together a guide to what happened, who was deemed the winner of each debate and how the markets reacted.
First debate
Moderated by NBC Nightly News host Lester Holt, the first debate was held on 26 September at Hofstra University, New York.
Ms Clinton was roundly considered the winner of the debate, putting on what analysts considered a calm and measured performance. Mr Trump, meanwhile, lost his cool on a number of occasions, most notably when talking about his temperament.
When it came to policies, Ms Clinton managed to touch on a number of different ideas she would like to implement if she was elected president. However, Mr Trump had to defend himself more than once when policy was being discussed.
For example, when race relations were brought up, Ms Clinton accused him of racism after he questioned current president Barack Obama’s citizenship. She said: “He has a long record of engaging in racist behavior. And the birther lie was a very hurtful one.”
Ms Clinton also pointed out that Mr Trump thought climate change was a conspiracy cooked up by China. Although he denied ever saying this, in 2012 Mr Trump did tweet: “The concept of global warming was created by and for the Chinese in order to make US manufacturing non-competitive.”
Second debate
The second debate was to be the most acrimonious. Not long before the encounter, tapes of Mr Trump making lewd comments about women were released. He defended himself by saying it was just “locker room” banter.
Mr Trump used the debate as his chance to attack Ms Clinton for her husband’s alleged sexual assaults of women and her role in defending him. Responding, Ms Clinton said that Mr Trump’s comments about women showed he was unfit to be the president.
Moderated by CNN’s Anderson Cooper and ABC’s Martha Raddatz, the second debate was held in the style of a town hall meeting.
One of the most memorable moments of the debate was when Mr Trump threatened to “instruct [his] attorney general to get a special prosecutor to look into [Ms Clinton’s] situation, because there has never been so many lies, so much deception”.
He was referring to hacked emails that were allegedly deleted from her phone and copies of emails allegedly disposing of copies of emails.
Analysts were largely divided on who won this debate.
Third debate
The most recent debate, which took place last night, saw Fox News Sunday anchor Chris Wallace moderate the proceedings at the University of Nevada, Las Vegas.
It focused perhaps more on policy than personal attacks by both candidates. The stand out moment, according to many analysts, was when Mr Trump refused to say he would accept the result of the election, saying he would “look at it at the time”.
Although there was a good deal of interrupting and shouting over one another, the third debate saw the candidates express their views on political issues such as abortion, immigration and the right to bear arms.
Mr Trump said he would appoint Supreme Court judges who would repeal abortion legislation, protect gun rights for citizens and ensure that all undocumented migrants would be deported.
Ms Clinton, meanwhile, said she would protect abortion rights, defend the LGBT community and help to close the gender pay gap.
More analysts have so far awarded the win to Ms Clinton in the third and final debate.
Currency markets
The debates have had a significant effect on currency markets. The Mexican peso has been as much of a winner following the debates as the Democrats. After the first debate, the peso rose by 1.5% against the US dollar, according to the Wall Street Journal. The South African rand and the Indonesian rupiah also rose in value against the dollar after Ms Clinton’s performance.
Following the second debate, the peso rose again. This showed that the markets were viewing it as a win for Ms Clinton, despite the fact many political analysts had said it was a draw or that Mr Trump had just edged a win.
This is because Ms Clinton is seen as a largely safe pair of hands for the US economy. Mr Trump is seen by many as a potential threat to other nations’ trade deals with the US and a potential force of geopolitical tension. If he had been widely considered the winner of any of the debates, other currencies – particularly the peso – would likely fall in value against the dollar.
Analysts would expect the same effect when the election results are announced.
