# Political change in US boosts peso and Mexican stock market; Wall Street gains over 1% at open

> Following the Democratic midterm victory, the Mexican peso appreciated about 0.74% to near 18.68 per dollar at the open, while the DXY index fell 0.52% to 101.36. Nasdaq and S&P 500 futures swung from early losses to gains of about 1%.

- Date: 2026-11-04 · published 2026-11-04T18:09:07.279Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/80079-political-change-in-us-boosts-peso-and-mexican-stock-market-wall-street-gains
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A softer dollar and reduced expectations of expansive US fiscal policy tend to support commodity prices and ease import costs for Mexican buyers, though the effect on feed prices is indirect.

## Read by commodity

- DXY: bearish ▼
- USDMXN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-01-01 | [Global Markets Jolted as BOJ Surprises With Yield Policy Change](https://feedsoft.ai/events/38467-global-markets-jolted-as-boj-surprises-with-yield-policy-change.md) | -1.0% | -2.0% |
| DXY | 2023-05-25 | [Why is the Mexican Peso Gaining against the Dollar?](https://feedsoft.ai/events/36160-why-is-the-mexican-peso-gaining-against-the-dollar.md) | -0.4% | -1.1% |
| DXY | 2019-04-05 | [Rand gains on slow US wage growth, stocks up - Moneyweb](https://feedsoft.ai/events/59858-rand-gains-on-slow-us-wage-growth-stocks-up-moneyweb.md) | -0.3% | +0.5% |
| DXY | 2026-09-01 | [South African Rand Gains Below 16 Per Dollar, Cuts War Loss](https://feedsoft.ai/events/18188-south-african-rand-gains-below-16-per-dollar-cuts-war-loss.md) | -0.6% | +2.1% |
| DXY | 2024-10-11 | [Gold extends gains over 1% as US PPI data solidifies rate cut hopes](https://feedsoft.ai/events/27756-gold-extends-gains-over-1-as-us-ppi-data-solidifies-rate-cut-hopes.md) | +0.7% | +2.0% |

## Sources

- jornada.com.mx: https://www.jornada.com.mx/noticia/2026/11/04/economia/cambio-politico-en-eu-impulsa-al-peso-y-la-bolsa-en-mexico-wall-street-supera-el-uno-por-ciento-de-ganancias-en-apertura

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