Euro Markets: EUAs bounce back amid short covering as energy markets reverse direction

Published 17:58 on January 17, 2023  /  Last updated at 19:44 on January 17, 2023  /  EMEA, EU ETS, UK ETS  /  No Comments

EUA prices rebounded strongly on Tuesday amid speculative buying after an early test of recent lows, erasing nearly all of the previous session's losses while energy prices also rallied on short covering after hitting new year-to-date lows.

EUA prices rebounded strongly on Tuesday amid speculative buying after an early test of recent lows, erasing nearly all of the previous session’s losses while energy prices also rallied on short covering after hitting new year-to-date lows.

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