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During the US midterm election day, the Mexican peso weakened about 1.5% to around 18.84 per dollar after trading below 18.60 earlier. Mexico's IPC stock index rose over 1% to about 70,530 after briefly gaining 2%.
A Democratic-controlled or divided Congress would limit Trump's ability to extend tariffs by legislation, which could ease pressure on Mexican manufacturing and export sectors. Currency volatility around the vote affects the peso against the dollar and the cost of imported feed inputs for Mexican buyers.
es.investing.comJulio Sánchez OnofreNov 3, 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.
