
The Mexican peso appreciated 0.42% to 18.5287 per U.S. dollar as the dollar and oil prices fell amid reduced concern about further U.S. attacks on Iran. Mexico’s October headline inflation rose to 3.75% year over year, above expectations, while core inflation reached 3.80%.
A stronger peso lowers the local-currency cost of imported commodities, while the higher-than-expected inflation reading may keep Mexican interest rates elevated for longer. The currency move is modest and does not by itself imply a clear change in feed-commodity prices.
Not 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.