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The peso opened at 18.58 per dollar, about one centavo weaker than the prior close, as US strikes on Iran's Qeshm Island and US midterm votes added uncertainty. An Iranian official said both sides remain far from a deal to end the war.
The vote is seen as a political test for President Trump.
Geopolitical risk and election uncertainty can push the peso weaker, raising the peso cost of dollar-priced feed imports into Mexico. The impact on feed prices is limited at the current small move.
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.