Forward contracts are recovering some lost ground on Friday morning, although there is still an absence of strong signals to establish a new trend, according to traders.
Following a weak opening, the front quarter was last seen up EUR 1.05 at EUR 36.30/MWh. The Year 10 contract had risen 10 cents to EUR 36.45/MWh at the time of writing, having previously touched a low of EUR 36.00.
"The market lacks sufficiently powerful signals. The YR-10 nearly touched the technical support level [of EUR 35.80], but there was not adequate information to pull f
Freitag, 16.01.2009, 10:23 Uhr
Redaktion
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