EMEA > EU Market: EUAs hit two-week high above €27 amid industry pick-up, before reversing course

EU Market: EUAs hit two-week high above €27 amid industry pick-up, before reversing course

Published 16:36 on August 6, 2020  /  Last updated at 18:14 on August 6, 2020  / Arjun Patel /  EMEA, EU ETS

EUAs hit a two-week high above €27 on Thursday as improved industry data and bullish technical signals encouraged buying, before retracing those gains following a bearish auction and signs that recent market strength may be over-extended.
EUAs hit a two-week high above €27 on Thursday as improved industry data and bullish technical signals encouraged buying, before retracing those gains following a bearish auction and signs that recent market strength may be over-extended.


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