Cyclical or structural

It’s the time of year when many participants from the FX market put on their Lycra and get their legs over. There are two classic amateur bike rides coming up: the fearsome Marmotte is held this weekend and the L’Etape du Tour the week after.

It’s the time of year when many participants from the FX market put on their Lycra and get their legs over. There are two classic amateur bike rides coming up: the fearsome Marmotte is held this weekend and the L’Etape du Tour the week after.

Once upon a time, when I was younger and thinner, I used to look forward to such events. I fear that they are now a bit beyond me – a belief reinforced last Sunday when I took part in a small ride in France with a couple of muckers from the FX market.

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