Mexican Peso Weakness Persists Below 18/USD, Below Year-Start Level

The Mexican peso remains below 18 per USD, the level at which it began 2026, indicating sustained depreciation pressure. Analyst Víctor Piz frames this as a 'hangover' from prior strength, but the driver—whether domestic policy, external risk, or carry-trade unwinding—is not specified. The persistence of sub-18 levels signals ongoing currency stress that could feed into inflation and rate expectations.