# Mexican Peso dives on solid US data despite rising inflation

> The peso fell about 0.9% to 18.14 per dollar on October 8 after a tech selloff and weaker OpenAI revenue reports hit US equities. Mexico's September headline inflation rose to 3.45%, slightly below forecasts, while Banxico minutes flagged upside inflation risks.

- Date: 2026-10-08 · published 2026-10-08T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/17274-mexican-peso-dives-on-solid-us-data-despite-rising-inflation
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Risk-off moves and firmer US data strengthen the dollar against emerging-market currencies, which can pressure dollar-priced commodity export prices and raise Mexican import costs.

## Read by commodity

- DXY: bullish ▲
- USDMXN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-04-24 | [Mexican Peso falls despite higher inflation, diminishing hopes for Banxico cut](https://feedsoft.ai/events/30950-mexican-peso-falls-despite-higher-inflation-diminishing-hopes-for-banxico-cut.md) | +0.2% | -1.1% |
| DXY | 2024-10-30 | [Mexican Peso weakens despite reporting solid economic growth](https://feedsoft.ai/events/28087-mexican-peso-weakens-despite-reporting-solid-economic-growth.md) | -0.2% | +1.6% |
| DXY | 2016-11-18 | [Mexican peso falls despite rate hike, Fed action looms](https://feedsoft.ai/events/74115-mexican-peso-falls-despite-rate-hike-fed-action-looms.md) | +1.0% | +1.3% |
| DXY | 2022-09-13 | [C$ slides by most in 2 months on hot U.S. inflation data](https://feedsoft.ai/events/39820-c-slides-by-most-in-2-months-on-hot-u-s-inflation-data.md) | +1.4% | +3.5% |
| DXY | 2024-04-26 | [Mexican Peso profits from US data turmoil](https://feedsoft.ai/events/30952-mexican-peso-profits-from-us-data-turmoil.md) | -0.3% | -0.9% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/mexican-peso-dives-on-solid-us-data-despite-high-inflation-202610081845

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