# Mexican peso loses 1.5% against the dollar in cautious market ahead of US elections

> The Mexican peso fell about 1.5% against the dollar on Tuesday, closing near 18.84 per dollar. Investors were cautious ahead of US midterm elections and tensions in the Middle East.

- Date: 2026-11-03 · published 2026-11-04T00:12:27.622Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/78590-mexican-peso-loses-1-5-against-the-dollar-in-cautious-market-ahead-of-us
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A weaker peso raises the local-currency cost of imported feed ingredients for Mexican buyers. The move is driven by currency sentiment rather than a change in grain supply or demand.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- eleconomista.com.mx: https://www.eleconomista.com.mx/mercados/precio-dolar-hoy-3-noviembre-2026-cuanto-cerro-20261103-841964.html

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