Euro Markets: EUAs get a lift as buyers attempt to breach technical level

Published 17:34 on November 23, 2022  /  Last updated at 01:00 on November 24, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs caught a big lift from a strong daily auction to record an increase of as much as 4.1% on Wednesday as traders appeared to cover short positions and even build new length, while energy prices extended their rally for a fourth day on a combination of fundamental and regulatory news.

EUAs caught a big lift from a strong daily auction to record an increase of as much as 4.1% on Wednesday as traders appeared to cover short positions and even build new length, while energy prices extended their rally for a fourth day on a combination of fundamental and regulatory news.

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