# Mexican Peso Rises 0.84% Against US Dollar

> The Mexican peso strengthened 0.84% to a spot rate of 18.6800 per dollar on November 4, following a 0.51% drop in the dollar index. Analysts expect the peso's appreciation to continue after the US midterm results.

- Date: 2026-11-05 · published 2026-11-05T09:09:07.669Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/81471-mexican-peso-rises-0-84-against-us-dollar
- 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 stronger peso reduces the local cost of imported feed grains priced in dollars, which helps Mexican feed margins. The move is driven by dollar weakness and has limited direct effect on commodity prices.

## 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 | 2020-07-27 | [Yen rises against weaker dollar](https://feedsoft.ai/events/52345-yen-rises-against-weaker-dollar.md) | -0.8% | -0.9% |
| DXY | 2020-09-30 | [Latam FX rise as dollar steadies; Mexican peso shines](https://feedsoft.ai/events/51308-latam-fx-rise-as-dollar-steadies-mexican-peso-shines.md) | -1.1% | -1.5% |
| DXY | 2021-12-17 | [Ringgit opens lower against US dollar](https://feedsoft.ai/events/43870-ringgit-opens-lower-against-us-dollar.md) | -0.2% | -0.8% |
| DXY | 2023-04-28 | [Ringgit Opens Higher Against US dollar](https://feedsoft.ai/events/36679-ringgit-opens-higher-against-us-dollar.md) | -0.3% | +1.2% |

## Sources

- cnfin.com: https://www.cnfin.com/hs-lb/detail/20261105/4491399_1.html

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