# The dollar opens the week lower at S/3.42 as oil falls and copper advances

> The dollar opened at 3.420 soles, down from the previous close of 3.426, while the broad dollar index fell 0.44%. Lower oil prices and recovering metals weighed on the dollar as investors awaited US inflation data.

- Date: 2026-11-09 · published 2026-11-09T15:12:48.026Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/89717-the-dollar-opens-the-week-lower-at-s-3-42-as-oil-falls-and-copper-advances
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar against the sol reduces the local-currency cost of dollar-priced imports, including feed ingredients, all else equal. The story reports a currency move rather than a change in commodity supply or demand.

## Read by commodity

- DXY: bearish ▼
- USDPEN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-08-30 | [Dollar falls to two-week low as economic data softens](https://feedsoft.ai/events/34779-dollar-falls-to-two-week-low-as-economic-data-softens.md) | +1.3% | +2.3% |
| DXY | 2019-10-20 | [Australian Dollar opens at 4-week highs against the U.S Dollar - OFX](https://feedsoft.ai/events/56830-australian-dollar-opens-at-4-week-highs-against-the-u-s-dollar-ofx.md) | -0.0% | +0.2% |
| DXY | 2023-02-02 | [Copper prices rise as Fed messaging weakens the dollar \| Financial Post](https://feedsoft.ai/events/37237-copper-prices-rise-as-fed-messaging-weakens-the-dollar-financial-post.md) | +1.3% | +2.1% |
| DXY | 2021-08-31 | [US dollar at 3-week lows as traders await tapering clues - The Business Times](https://feedsoft.ai/events/45754-us-dollar-at-3-week-lows-as-traders-await-tapering-clues-the-business-times.md) | -0.2% | +0.9% |
| DXY | 2026-01-30 | [Why the US dollar hit a four-year low and could fall further](https://feedsoft.ai/events/21238-why-the-us-dollar-hit-a-four-year-low-and-could-fall-further.md) | +0.9% | +0.3% |

## Sources

- elcomercio.pe: https://elcomercio.pe/economia/peru/el-dolar-abre-la-semana-a-la-baja-en-s342-ante-caida-del-petroleo-y-avance-del-cobre-l-cotizacion-del-dolar-l-dolar-l-ultimas-noticia/

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