The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Foreign Exchange

FX news: Top of this week’s playlist – back to parity

Louis Bacon’s latest investor letter, warning of “the potential breakdown of the European Monetary Union”, was all over the wires on Wednesday.

We don’t know the musical taste of Moore Capital’s boss but, being born in 1956 it isn’t inconceivable that he has a version of Soul II Soul’s 1989 hit Back to reality on his iPod.

Back to par, back to parity
Back to par, back to parity
Back to par, back to parity
Back to the yours and mine, yeah
Show me how, to get short of it
Tell me how and I’ll sell some for you

However we can short it
However can we sell it
However we can short it
However can we sell it
However we can short it
However can we sell it

Back to par, back to the former time
Back from a fantasy Yeah
Sell some now, take the initiative
I’ll leave it in your hands until you’re ready oh

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree