Euro Markets: EUAs hit one-month high on technical breach before profit taking trims gains

Published 17:37 on June 29, 2022  /  Last updated at 18:51 on June 29, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUA prices rose to their highest in more than a month early on Wednesday as traders followed a technical breakout before profit taking trimmed the gains, while some continued to hedge forward power generation as energy prices continued to advance amid ongoing supply worries.

EUA prices rose to their highest in more than a month early on Wednesday as traders followed a technical breakout before profit taking trimmed the gains, while some continued to hedge forward power generation as energy prices continued to advance amid ongoing supply worries.

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