EMEA > Euro Markets: EUAs move into positive territory for 2023 after short-covering drives biggest gain in month

Euro Markets: EUAs move into positive territory for 2023 after short-covering drives biggest gain in month

Published 17:20 on January 26, 2023  /  Last updated at 20:11 on January 26, 2023  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs posted their biggest daily increase in a month to reach their highest level of 2023 on Thursday on the back of what was generally acknowledged to be a short squeeze by speculative traders, while energy prices were mixed amid forecasts for higher temperatures and increased wind generation.

EUAs posted their biggest daily increase in a month to reach their highest level of 2023 on Thursday on the back of what was generally acknowledged to be a short squeeze by speculative traders, while energy prices were mixed amid forecasts for higher temperatures and increased wind generation.

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