# USDMXN at 18.63 after hitting a 52-week high with Banxico rate cut

> 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.

- Date: 2026-11-06 · published 2026-11-07T15:09:18.045Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/86140-usdmxn-at-18-63-after-hitting-a-52-week-high-with-banxico-rate-cut
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

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.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- mx.investing.com: https://mx.investing.com/analysis/usdmxn-en-1863-tras-tocar-su-maximo-de-52-semanas-con-el-recorte-de-banxico-200490335

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