EMEA > Euro Markets: EUAs extend losses and approach key support level as “risk-off” mood persists

Euro Markets: EUAs extend losses and approach key support level as “risk-off” mood persists

Published 17:18 on March 14, 2023  /  Last updated at 18:50 on March 14, 2023  /  EMEA, EU ETS, UK ETS  /  No Comments

EUA prices extended their steep losses for a second day on Tuesday, falling through multiple immediate technical targets and approaching a major support level as the daily auction saw the lowest demand in six months and traders reported further "risk-off" selling, while energy markets also dropped sharply.

EUA prices extended their steep losses for a second day on Tuesday, falling through multiple immediate technical targets and approaching a major support level as the daily auction saw the lowest demand in six months and traders reported further “risk-off” selling, while energy markets also dropped sharply.

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