Bank of America Scraps Call to Short Mexico's 'Most-Crowded-Ever' Peso

(Bloomberg) -- Bank of America Corp. closed out its recommendation for investors to bet on declines in the Mexican peso against the Brazilian real, saying that worries about the US’ southern neighbor are taking longer to materialize. Most Read from BloombergIsrael Bracing for Unprecedented Direct Iran Attack in DaysApple Plans to Overhaul Entire Mac Line With AI-Focused M4 ChipsStocks Get Hit as War Jitters Fuel Rush to Bonds: Markets WrapRussian Attacks on Ukraine Stoke Fears Army Near Breaking

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