The forward market is weakening on Monday morning, due to wetter forecasts. Activity has been very low, with market players expectant.
"The market is very quiet, which I think can partly be explained by bearish signals in a somewhat bullish market. On Friday afternoon, the market was bought up on expectations of drier weather forecasts. The prognoses today didn’t correspond with that, and the traders are trying to be as passive as possible. However, if prices come off a few more NOK, they will probably have to exit their
Montag, 1.08.2005, 11:53 Uhr
Redaktion
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