Forward prices opened below the Friday close this morning and have traded sideways with a slight touch north during the morning session. Wet and warm weather forecasts give a bearish signal while strong prices on German power and CO2 points in the other direction.
In a quiet morning session, V2-05 has traded in the range 301.50-304.50 to a last trade at. “We’ve seen V2-05 swing 3-4 NOK so far today. I really don’t understand why; volumes are too thin to make a correct analysis,” says a Norwegian trader. A Swedish trader agrees:“Clearly, the wet forecasts influence the autumn contract downwards but activity is v
Montag, 22.08.2005, 11:54 Uhr
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