After testing the upside early on, the Thursday market opted for the downside seeing V2-03 down NOK 6.50 to NOK 304. A Swedish trader attributed the fall to profit-taking and less fear of next week’s high pressure.
A high-pressure forecast for next week has pushed the market quite heavily this week, and yesterday afternoon a stronger than expected system price also gave fuel to the upside. Today’s forecast places the high-pressure further west, and it also seems to be more temporary. This could have led players to get out of their positions, the Swedish trader said.But he didn’t expect
Donnerstag, 21.08.2003, 11:31 Uhr
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