# Dollar price today below 18.60: Mexican peso enters 'wait-and-see' mode ahead of Banxico

> The USD/MXN pair traded below 18.60 on November 5 as markets digested the Democratic sweep in the US midterm elections. The peso was up about 0.16% in early trading, within a daily range of roughly 18.54 to 18.64. Banamex and BofA expect Banxico to keep its rate at 6.50% that day.

- Date: 2026-11-05 · published 2026-11-05T15:09:01.468Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/81932-dollar-price-today-below-18-60-mexican-peso-enters-wait-and-see-mode-ahead-of
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Currency moves like this shift the peso cost of imported US grain and oilseed meal, which affects Mexican feed mill margins. A peso gain that holds would ease that cost slightly.

## Read by commodity

- USDMXN: bearish ▼

## Sources

- mx.investing.com: https://mx.investing.com/news/forex-news/precio-del-dolar-hoy-bajo-1860-peso-mexicano-se-pone-en-modo-espera-de-banxico-3835135

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