Loading…
The peso opened November 4 reversing most of the previous day's losses, trading around 18.65 per dollar, up about 0.9%. Investors weighed the Democratic takeover of both US chambers along with US jobs data that supports expectations of further Federal Reserve rate hikes.
The USD/MXN pair holds below 18.70.
Expectations of higher US rates can support the dollar, so the peso's gains may be limited. Currency moves change the local cost of dollar-priced feed ingredients for Mexican buyers.
mx.investing.comJulio Sánchez OnofreNov 4, 2026Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
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.
