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The peso traded at 18.6250 per dollar, down 0.80% from Thursday's close, after Banxico unexpectedly cut its policy rate by 25 basis points to 6.25%. The article also cites U.S. payroll growth of 165,000 in October, well above the 65,000 consensus estimate, and notes the rate differential with the Federal Reserve narrowed to 225 basis points.
A smaller Mexico-U.S. interest-rate differential can reduce the peso's carry-trade appeal and put upward pressure on USDMXN, raising the local cost of imported feed commodities. Strong U.S. employment and broader risk sentiment also affect the currency, so the net price effect is not certain.
mx.investing.comRoberto BarberenaNov 6, 2026Not 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.
