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On November 2, a Mexican bank holiday, the peso gained against the dollar in electronic trading, quoted at 18.53 per dollar, 27 centavos stronger than the October 30 close. Low trading volume was noted because local banks were closed.
Bloomberg data showed the 10-year US yield at 4.47% and the Mexican 10-year at 9.03%.
A stronger peso lowers the peso cost of dollar-priced feed imports such as soybean meal and corn, which modestly eases landed costs for Mexican buyers.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.