# Dollar hovers near the top of Banxico survey ahead of new forecast

> USD/MXN traded near 18.75 in early November 2, well above the September Banxico survey median of 17.50 for year-end 2026. The surveyed range topped out at 18.79, so the spot rate is now near the high end of expert forecasts.

- Date: 2026-11-02 · published 2026-11-02T21:11:14.596Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/75904-dollar-hovers-near-the-top-of-banxico-survey-ahead-of-new-forecast
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

If the peso stays near current levels, forecasts for a stronger peso look increasingly out of reach, which keeps local feed import costs in USD terms high.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- finanmercado.mx: https://finanmercado.mx/economia/dolar-maximo-encuesta-banxico-usdmxn/

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