A high Monday spot was one of the reasons why the forward market was lifted at the opening. Prices have eased off during the morning, probably due to wetter and milder forecasts.
One trader believes the high system price was used to lift the market this morning. “It looks like someone took the opportunity of the high spot to set the market at a high level this morning. The weather forecasts were milder and wetter, and should push prices down. When players see that prices are rising instead, they get very cautious,” he says. He assumes that most players are o
Montag, 9.01.2006, 11:29 Uhr
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