# BMV and Mexican peso celebrate electoral punishment of Trump in United States

> The Mexican stock exchange rose 1.8% after the open, and the peso gained 0.84% to trade at 18.67 per dollar, after Democrats won both chambers of Congress. The DXY reached its lowest level since September 30.

- Date: 2026-11-04 · published 2026-11-05T06:08:05.588Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/81155-bmv-and-mexican-peso-celebrate-electoral-punishment-of-trump-in-united-states
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The market sees a Congress that limits fiscal stimulus as easing inflation and bond-yield pressure, and a possible opening for a more favorable USMCA renegotiation for Mexico, lowering the peso cost of imports.

## Read by commodity

- DXY: bearish ▼
- USDMXN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-04-21 | [Mexican peso appreciates 2% as Trump fuels fight with Fed](https://feedsoft.ai/events/25343-mexican-peso-appreciates-2-as-trump-fuels-fight-with-fed.md) | -0.1% | +0.1% |
| DXY | 2026-02-01 | [USD/MXN Analysis: The Mexican Peso Shines as Confidence in the U.S. Dollar Fades](https://feedsoft.ai/events/21262-usd-mxn-analysis-the-mexican-peso-shines-as-confidence-in-the-u-s-dollar-fades.md) | +0.3% | +0.7% |
| DXY | 2019-03-26 | [Mexican Peso Predicted To Rise Vs. US Dollar Amid Dovish Fed, Rising Oil Prices And Ebbing Global Recession Fears](https://feedsoft.ai/events/60303-mexican-peso-predicted-to-rise-vs-us-dollar-amid-dovish-fed-rising-oil-prices.md) | +0.5% | +0.3% |
| DXY | 2024-08-23 | [Mexican Peso Soars, Leading EM Rally as Powell Signals Rate Cuts - Bloomberg](https://feedsoft.ai/events/29056-mexican-peso-soars-leading-em-rally-as-powell-signals-rate-cuts-bloomberg.md) | -0.1% | -0.8% |
| DXY | 2021-06-24 | [Latam FX cheers weak U.S. data; Mexican central bank awaited \| Financial Post](https://feedsoft.ai/events/46802-latam-fx-cheers-weak-u-s-data-mexican-central-bank-awaited-financial-post.md) | +0.2% | +1.0% |

## Sources

- expansion.mx: https://expansion.mx/mercados/2026/11/04/peso-mexicano-bmv-celebran-elecciones-estados-unidos

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