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The peso depreciated 1.4% on Tuesday at wholesale, closing at 18.84 per dollar, and was the second-worst performing currency that day. Retail dollar quotes at Banamex reached 19.32 pesos as investors reacted cautiously to the US midterm elections.
A weaker peso raises the local-currency cost of imported feed ingredients for Mexico, supporting higher feed costs, though the move was reversed the next day.
Not 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.