EMEA > Euro Markets: EUAs climb closer to €100 on technicals and short-covering

Euro Markets: EUAs climb closer to €100 on technicals and short-covering

Published 17:32 on February 1, 2023  /  Last updated at 21:47 on February 1, 2023  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs climbed by as much as 5% on Wednesday moving closer to €100, as technical buying and short-covering helped extend the rally that started in mid-January to €20 or over 25%.

EUAs climbed by as much as 5% on Wednesday moving closer to €100, as technical buying and short-covering helped extend the rally that started in mid-January to €20 or over 25%.

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