# Dollar falls 0.3% in Mexico on November 2 ahead of US elections

> 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.

- Date: 2026-11-02 · published 2026-11-02T21:11:14.674Z
- Category: market · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/75905-dollar-falls-0-3-in-mexico-on-november-2-ahead-of-us-elections
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A weaker dollar and lower oil prices ease the peso cost of imported feed and energy for Mexican buyers in the short term.

## Read by commodity

- USDMXN: bearish ▼

## Sources

- elcongresista.mx: https://elcongresista.mx/politica/oaxaca/dolar-baja-0-3-noviembre

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