The dollar slumped against the Mexican peso and a host of other emerging-market currencies on Tuesday as Democratic presidential nominee Hillary Clinton enjoyed a bump in the polls following Monday’s nights’ presidential debate with Republican rival Donald Trump.

By far the sharpest moves were seen against the peso USDMXN, +0.27% , where the greenback was down about 2.1%, buying 19.46 pesos late Tuesday in New York, its largest move in months. The buck bought 19.88 pesos late Monday in New York. The dollar also lost ground against the Brazilian real USDBRL, -0.00% the Turkish lira USDTRY, +0.03% and Indonesian rupiah USDIDR, +0.33% .

The moves were especially notable considering the more than 2% slide in oil prices, something that tends to weigh on investors’ appetite for risky assets like stocks and emerging-market currencies.

“Mrs. Clinton’s debate performance helped overshadow the slide in oil prices,” said Joe Manimbo, senior market analyst at Western Union Business Solutions.

Read:Financial markets say Clinton beat Trump in the debate

Investors view Clinton as the status quo candidate, Manimbo said, so investors are more comfortable taking risks when it appears that she will likely prevail in the U.S. election on Nov. 8.

Meanwhile, the greenback strengthened against the euro, and pared earlier declines against the yen, after data from the privately-run Conference Board released Tuesday showed consumer confidence has risen to its highest level since the summer of 2007 in September.

One euro EURUSD, -0.22% bought $1.1221 late Tuesday in New York, compared with $1.1250 late Monday in New York. The dollar USDJPY, +0.17% bought ¥100.28 late Tuesday, compared with ¥100.37 late Monday.

Hawkish comments from Federal Reserve Vice Chairman Stanley Fischer had little impact on the dollar, a sign that investors have shifted their focus away from the Fed now that the central bank is widely expected to hike once in December.

“Going forward, with each passing day, the polls regarding the election will matter more and more to markets (stocks, bonds, FX—you name it), and in turn, speculation around the Fed will matter less and less,” Christopher Vecchio, currency analyst at DailyFX.