Euro Markets: EUAs shrug off flash sell-off as traders see support emerging at recent lows

Published 17:25 on September 29, 2022  /  Last updated at 17:54 on September 29, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs recorded a modest rally on Thursday after testing a recent low and later shrugging off a flash sell-off of nearly €2.50, as traders suggested the market has found an interim support level while energy prices gave back strong gains as Germany unveiled a €200 billion gas price-capping initiative.

EUAs recorded a modest rally on Thursday after testing a recent low and later shrugging off a flash sell-off of nearly €2.50, as traders suggested the market has found an interim support level while energy prices gave back strong gains as Germany unveiled a €200 billion gas price-capping initiative.

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