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The peso traded at 18.56 per dollar in spot trading, after rising sharply following the Republican defeat in the US midterm elections. The Bloomberg dollar index fell as much as 0.5% after Democrats won majorities in the Senate and House.
The peso led gains among the 16 major currencies tracked by Bloomberg.
Political gridlock in Washington is seen as weighing on the dollar, which eases pressure on Mexican import costs for feed. The effect on commodity prices is limited and mainly works through currency channels.
bloomberglinea.comArturo SolísNov 4, 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.
