# Mexican peso recovers 27 centavos against dollar weakened by Democratic victory in US

> The US dollar weakened after Democrats won a decisive victory in the US midterm elections, including control of the Senate. The Mexican peso gained 27 centavos to close at 18.5669 per dollar, a 1.44% rise, while the DXY fell 0.34% to 101.52.

- Date: 2026-11-04 · published 2026-11-05T06:08:05.262Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/81152-mexican-peso-recovers-27-centavos-against-dollar-weakened-by-democratic-victory
- 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 weaker dollar and a stronger peso reduce the peso cost of US-priced feed imports for Mexico, while a split Congress may limit US fiscal expansion and ease pressure on Treasury yields.

## Read by commodity

- DXY: bearish ▼
- USDMXN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2023-07-13 | [Fund Investors Bet Against US Dollar After Fed Rate Hikes, Currency Weakening - Bloomberg](https://feedsoft.ai/events/9982-fund-investors-bet-against-us-dollar-after-fed-rate-hikes-currency-weakening.md) | -0.2% | +1.6% |
| DXY | 2018-02-22 | [Mexico peso firms on rate hike bets, weaker U.S. dollar](https://feedsoft.ai/events/66711-mexico-peso-firms-on-rate-hike-bets-weaker-u-s-dollar.md) | +0.5% | -0.1% |
| DXY | 2025-11-27 | [Mexican Peso Strengthens on Persistent Dollar Weakness - Forex News by FX Leaders](https://feedsoft.ai/events/22164-mexican-peso-strengthens-on-persistent-dollar-weakness-forex-news-by-fx-leaders.md) | -0.5% | -1.5% |
| DXY | 2024-10-31 | [Dollar falls against yen, US data leaves rate cut hopes intact \| Reuters](https://feedsoft.ai/events/28067-dollar-falls-against-yen-us-data-leaves-rate-cut-hopes-intact-reuters.md) | +0.7% | +1.4% |

## Sources

- eleconomista.com.mx: https://www.eleconomista.com.mx/mercados/precio-dolar-hoy-4-noviembre-2026-cuanto-cerro-20261104-842193.html

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