# The peso has its best day since April

> The Mexican peso closed at 18.60 per dollar after gaining 1.2%, its strongest day since April and the second-best performer among major currencies behind the Chilean peso. The move followed Democratic control of both US congressional chambers and remarks by President Trump ruling out immediate strikes on Iran and confirming ongoing talks. US stock indexes also rose, with the Dow up 3.0%.

- Date: 2026-11-05 · published 2026-11-05T15:09:01.537Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/81933-the-peso-has-its-best-day-since-april
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A firmer peso reduces the local-currency cost of dollar-denominated feed ingredients imported into Mexico. Lower oil prices tied to Iran de-escalation also ease energy and freight costs for feed buyers.

## Read by commodity

- USDMXN: bearish ▼

## Sources

- eluniversal.com.mx: https://www.eluniversal.com.mx/cartera/el-peso-tiene-su-mejor-dia-desde-abril/

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