Euro Markets: EUAs jump to seven-day high on “shake-out” of short positions amid lack of data

Published 17:27 on February 15, 2023  /  Last updated at 18:54 on February 15, 2023  / /  EMEA, EU ETS, UK ETS

EUA prices rose to their highest in seven sessions on Wednesday as traders pointed to strong gas prices amid forecasts for colder weather, as well as suggestions that some traders were seeking to shake out short positions despite a second successive week without Commitment of Traders data from the largest exchange.
EUA prices rose to their highest in seven sessions on Wednesday as traders pointed to strong gas prices amid forecasts for colder weather, as well as suggestions that some traders were seeking to shake out short positions despite a second successive week without Commitment of Traders data from the largest exchange.


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