EMEA > Euro Markets: EUAs climb above technical resistance and eye a further mark in holiday-thinned market

Euro Markets: EUAs climb above technical resistance and eye a further mark in holiday-thinned market

Published 17:27 on May 9, 2024  /  Last updated at 17:36 on May 9, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices rose steadily throughout the day on Thursday, breaching a technical level that has acted as a brake on the rally in recent days, with bullish traders seemingly able to push prices higher in a very illiquid market as many European participants enjoyed a public holiday.
European carbon prices rose steadily throughout the day on Thursday, breaching a technical level that has acted as a brake on the rally in recent days, with bullish traders seemingly able to push prices higher in a very illiquid market as many European participants enjoyed a public holiday.


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