Loading…
The dollar fell 0.3% in Mexico on November 2 to its lowest level in a month, as uncertainty ahead of the US midterm elections on November 3 weighed on sentiment. Societe Generale analysts linked the move to lower oil prices and reduced appetite for risk.
A weaker dollar and lower oil prices ease the peso cost of imported feed and energy for Mexican buyers in the short term.
elcongresista.mxJuan TovarNov 2, 2026Not 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.
