EMEA > Euro Markets: EUAs reach four-month high before giving up €4 amid afternoon profit taking

Euro Markets: EUAs reach four-month high before giving up €4 amid afternoon profit taking

Published 17:31 on May 10, 2024  /  Last updated at 19:05 on May 10, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon allowance prices climbed to their highest in four months on Friday morning as determined buying took prices above two key technical levels, before sliding by more than €4 in the afternoon and giving up all their gains since Wednesday amid profit-taking ahead of the weekend and next week's full auction programme.
European carbon allowance prices climbed to their highest in four months on Friday morning as determined buying took prices above two key technical levels, before sliding by more than €4 in the afternoon and giving up all their gains since Wednesday amid profit-taking ahead of the weekend and next week's full auction programme.


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