Euro Markets: Afternoon sell-off pushes EUAs to heaviest weekly loss since early March

Published 13:36 on July 22, 2022  /  Last updated at 00:47 on July 23, 2022  /  EMEA, EU ETS  /  No Comments

EUAs lost ground on Friday to extend the week's heavy losses following Wednesday's publication of the EU's strategy for cutting gas use, as an accumulation of bearish fundamental signals drove prices below key technical support levels to notch their biggest weekly fall since early March.

EUAs lost ground on Friday to extend the week’s heavy losses following Wednesday’s publication of the EU’s strategy for cutting gas use, as an accumulation of bearish fundamental signals drove prices below key technical support levels to notch their biggest weekly fall since early March.

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