# Mexican peso starts session with 1.03% appreciation against dollar today

> The peso opened at about 18.64 per dollar, up 1.03%, after Democrats won control of both chambers of Congress. The dollar fell 0.57% on its trade-weighted index and had its largest drop since August 19. Democrats gained five governorships, and the House count was still being finalized.

- Date: 2026-11-04 · published 2026-11-05T00:09:10.105Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/80675-mexican-peso-starts-session-with-1-03-appreciation-against-dollar-today
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A less polarized US Congress lowers the risk of abrupt trade policy shifts, which supports the peso and weakens the dollar. Those currency moves affect the cost of imported feed for Mexican buyers rather than commodity prices directly.

## Read by commodity

- USDMXN: bearish ▼

## Sources

- mx.investing.com: https://mx.investing.com/analysis/el-peso-mexicano-inicia-la-sesion-con-una-apreciacion-de-103-frente-al-dolar-hoy-200490291

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