Euro Markets: EUAs continue in narrowing channel as traders eye technical breakout

Published 17:21 on October 20, 2022  /  Last updated at 17:35 on October 20, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs extended their rangebound trading on moderate volume on Thursday as traders eyed technical signals that suggest the market is likely to break out of its month-long range, while energy prices rose for the first time in seven sessions amid signs of lower temperatures approaching the region.

EUAs extended their rangebound trading on moderate volume on Thursday as traders eyed technical signals that suggest the market is likely to break out of its month-long range, while energy prices rose for the first time in seven sessions amid signs of lower temperatures approaching the region.

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