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The peso closed around 18.86 per dollar, down 1.6% and the worst performer among currencies tracked by Reuters, after two sessions of gains. Caution ahead of the US midterm elections, which will determine control of Congress, weighed on the currency, while US job vacancies rose more than expected in September.
Peso weakness raises the cost of dollar-priced feed imports for Mexico, while a stronger US labour market reinforces expectations of tighter US monetary policy, which tends to support the dollar.
forbes.com.mxForbes México StaffNov 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.
