EMEA > Euro Markets: EUAs move higher as market anticipates auction pause, bullish position data

Euro Markets: EUAs move higher as market anticipates auction pause, bullish position data

Published 18:06 on August 8, 2023  /  Last updated at 18:10 on August 8, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices spent the first half of Tuesday trading around a key technical and psychological level, before strengthening in the afternoon as traders anticipated the lack of an EUA auction on Wednesday, as well as updated position data that many expected to show speculative traders had trimmed long positions.
European carbon prices spent the first half of Tuesday trading around a key technical and psychological level, before strengthening in the afternoon as traders anticipated the lack of an EUA auction on Wednesday, as well as updated position data that many expected to show speculative traders had trimmed long positions.


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