EMEA > Euro Markets: EUAs snap six-day rally after reaching new two-month high amid high gas volatility

Euro Markets: EUAs snap six-day rally after reaching new two-month high amid high gas volatility

Published 13:40 on June 15, 2023  /  Last updated at 18:58 on June 15, 2023  / /  EMEA, EU ETS, UK ETS

EUAs snapped their six-day rally on Thursday, settling lower after earlier hitting a new two-month high as the market ebbed and flowed in response to another 25% swing in prompt gas prices, leading some to speculate that the recent rally driven by short-covering in both markets may be nearing an end.
EUAs snapped their six-day rally on Thursday, settling lower after earlier hitting a new two-month high as the market ebbed and flowed in response to another 25% swing in prompt gas prices, leading some to speculate that the recent rally driven by short-covering in both markets may be nearing an end.


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