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The peso appreciated about 0.9% against the dollar in Mexico City on November 2, to 18.6165 per dollar, as the broad dollar index fell 0.24%. Signs of a possible US-Iran diplomatic deal lifted risk appetite and pushed Brent down 6.46% to $106.6 a barrel.
Lower oil prices and a weaker dollar reduce the peso cost of imported feed and energy, while the currency remains down about 3.4% so far in 2026.
Not enough comparable past events yet for a historical read.
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.