# Dollar Posts Biggest Drop in Two Months: How Latin American Currencies React

> The dollar fell on Wednesday after the Democratic Party won the US midterm elections, with the Bloomberg Dollar Spot index down 0.4% and an intraday low of 0.5%, its biggest decline in two months. Most Latin American currencies gained, led by the Chilean, Colombian and Mexican pesos.

- Date: 2026-11-04 · published 2026-11-04T18:08:56.822Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/80074-dollar-posts-biggest-drop-in-two-months-how-latin-american-currencies-react
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar lowers the local-currency cost of dollar-priced commodities and can ease import costs for Latin American feed buyers. Investors are also reassessing US rate and growth expectations, which affects the broader commodity complex.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-07-30 | [Latin American Currencies Rose As The Dollar Softened - Finimize](https://feedsoft.ai/events/18576-latin-american-currencies-rose-as-the-dollar-softened-finimize.md) | -1.2% | -1.9% |
| DXY | 2024-11-25 | [Latin American Currencies Climb With Waning Dollar Strength - Finimize](https://feedsoft.ai/events/27673-latin-american-currencies-climb-with-waning-dollar-strength-finimize.md) | -0.3% | +0.7% |
| DXY | 2024-07-31 | [Latin American Stocks And Currencies Climb On Oil Rebound And Weak Dollar - Finimize](https://feedsoft.ai/events/29564-latin-american-stocks-and-currencies-climb-on-oil-rebound-and-weak-dollar.md) | -0.5% | -1.9% |
| DXY | 2023-09-18 | [Most Latin American currencies up ahead of central bank policy decisions](https://feedsoft.ai/events/34396-most-latin-american-currencies-up-ahead-of-central-bank-policy-decisions.md) | +0.3% | +1.7% |
| DXY | 2023-08-30 | [EMERGING MARKETS-Latin American currencies up on weaker dollar; Brazil's real lags on rate-cut speculation](https://feedsoft.ai/events/34788-emerging-markets-latin-american-currencies-up-on-weaker-dollar-brazil-s-real.md) | +1.3% | +2.3% |

## Sources

- bloomberglinea.com: https://www.bloomberglinea.com/mercados/el-dolar-registra-su-mayor-caida-en-dos-meses-asi-reaccionan-las-monedas-de-america-latina/

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