# Mexican Peso strikes back as hot US PPI fails to lift Dollar

> The peso rose to 18.41 per dollar on October 15 after US September PPI surged to 6.3% year on year, above the 5.3% forecast. Odds of an October Fed hike fell to 26%, while December hike odds stayed near 92%.

- Date: 2026-10-15 · published 2026-10-15T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/17273-mexican-peso-strikes-back-as-hot-us-ppi-fails-to-lift-dollar
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Hotter inflation keeps US rate-hike expectations high, which supports the dollar and pressures dollar-priced grain and meal export values, though the peso's move was modest.

## Read by commodity

- DXY: bullish ▲
- USDMXN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-04-30 | [Mexican Peso slumps as US ECI costs rose, bolstering the US Dollar](https://feedsoft.ai/events/30947-mexican-peso-slumps-as-us-eci-costs-rose-bolstering-the-us-dollar.md) | -0.5% | -0.9% |
| DXY | 2018-02-24 | [The charts that matter: the US dollar strikes back \| MoneyWeek](https://feedsoft.ai/events/66411-the-charts-that-matter-the-us-dollar-strikes-back-moneyweek.md) | +0.6% | -0.3% |
| DXY | 2026-09-24 | [Mexican Peso slides to April lows as Banxico shrugs off Fed gap](https://feedsoft.ai/events/17687-mexican-peso-slides-to-april-lows-as-banxico-shrugs-off-fed-gap.md) | +0.7% | +1.0% |
| DXY | 2026-03-27 | [Pound Slides As War Risks Lift The US Dollar - Finimize](https://feedsoft.ai/events/20432-pound-slides-as-war-risks-lift-the-us-dollar-finimize.md) | +0.1% | -1.4% |
| DXY | 2018-05-01 | [Strong US dollar derails metals](https://feedsoft.ai/events/64949-strong-us-dollar-derails-metals.md) | +1.1% | +2.6% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/mexican-peso-strikes-back-as-hot-us-ppi-fails-to-lift-dollar-202610152248

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.