Dollar price today, Monday, October 20: Mexican peso remains at 18.37 per greenback

The Mexican currency opened at around 18.37 pesos per dollar on international markets, unchanged from Friday, according to Bloomberg.

In the overnight session, the exchange rate showed upward volatility. Today, the peso is being affected by the dollar's partial recovery, after extending its weekly decline due to tariff tensions, while investors await key economic data from Mexico and the US inflation report at the end of the week, commented Monex specialists.

The dollar index, which compares the performance of the US currency against the other six major world currencies, opened with a 0.13% appreciation. The euro fell 0.01% against the greenback, while the pound also lost 0.01%.

Bitcoin, the most active currency in the cryptocurrency market, rose 3.1%, gaining investor appetite.

At the start of the week, stock markets are mostly posting positive movements, driven by an easing of trade tensions between the United States and China.

US President Donald Trump has confirmed a meeting with his Chinese counterpart, Xi Jinping, scheduled for the end of the month, renewing optimism about possible trade deals.

In the corporate arena, Apple reported a strong performance for the new iPhone 17, with sales growing 14% compared to the previous model during its first 10 days in the United States and China, reinforcing confidence in technology consumption.

This week also sees the quarterly reporting season intensify, both in Mexico and the United States, highlighting key results from issuers such as Kof, Gruma, Netflix and Tesla.

On Wall Street, futures for the major stock market indices point to a positive opening, with the Nasdaq rising 0.58%. In Mexico, Banorte specialists forecast a weekly range for the Mexican Stock Exchange's Price and Quotation Index between 60,800 and 63,000 points. Additionally, Gap will present its quarterly results at market close.

In Europe, stock markets are showing mostly positive movements, with the Euro Stoxx 600 trading up 0.7%, while in Asia, markets closed higher, with the Nikkei gaining 3.37% and the Han Seng gaining 2.42%.

The price of U.S. WTI crude oil, the benchmark for the Mexican blend, fell 0.7%, as investors awaited trade negotiations between the United States and China. Industrial metals were down, but precious metals were up, and gold was trading near record highs.