# Mexican peso appreciates against the dollar after local inflation data

> The Mexican peso rose 0.29% against the U.S. dollar, while the dollar index fell, after Mexico’s October inflation rate came in at 3.75%, above expectations of 3.65%. The inflation reading reinforced expectations that interest rates will remain stable; improved risk appetite and easing Middle East tensions also supported the peso.

- Date: 2026-11-09 · published 2026-11-09T21:09:14.178Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/90164-mexican-peso-appreciates-against-the-dollar-after-local-inflation-data
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger peso lowers the local-currency cost of dollar-denominated feed and commodity imports for Mexican buyers. The move in the exchange rate points to a lower USDMXN, though it does not establish a direct change in commodity prices.

## Read by commodity

- DXY: bearish ▼
- USDMXN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-05-25 | [Why is the Mexican Peso Gaining against the Dollar?](https://feedsoft.ai/events/36160-why-is-the-mexican-peso-gaining-against-the-dollar.md) | -0.4% | -1.1% |
| DXY | 2022-09-30 | [Dollar gains on euro after inflation data, sterling falls](https://feedsoft.ai/events/39798-dollar-gains-on-euro-after-inflation-data-sterling-falls.md) | -0.2% | -0.3% |
| DXY | 2020-11-27 | [Yuan keeps on appreciating against both the dollar and the euro](https://feedsoft.ai/events/50362-yuan-keeps-on-appreciating-against-both-the-dollar-and-the-euro.md) | -1.2% | -1.5% |
| DXY | 2023-03-31 | [Dollar up vs. euro but remains on track for weekly loss after inflation data](https://feedsoft.ai/events/37072-dollar-up-vs-euro-but-remains-on-track-for-weekly-loss-after-inflation-data.md) | -0.1% | +0.0% |
| DXY | 2024-10-01 | [Dollar weakens after inflation data, Yen surges on Ishiba win](https://feedsoft.ai/events/28538-dollar-weakens-after-inflation-data-yen-surges-on-ishiba-win.md) | +0.9% | +2.9% |

## Sources

- eleconomista.com.mx: https://www.eleconomista.com.mx/mercados/precio-dolar-hoy-9-noviembre-2026-cuanto-cotiza-20261109-842907.html

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