EMEA > Compliance Markets & Taxes > Euro Markets: EUAs test key support early and late, shrugging off brief rally as bears remain in charge

Euro Markets: EUAs test key support early and late, shrugging off brief rally as bears remain in charge

Published 17:40 on October 4, 2024 / Last updated at 19:33 on October 4, 2024 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon prices recorded their sixth five-day decline in the last seven weeks, with bears still firmly in charge as they ended the period just shy of a key support level and selling pressure pushing the market to new six-month lows, while UK Allowances resumed their decline.
European carbon prices recorded their sixth five-day decline in the last seven weeks, with bears still firmly in charge as they ended the period just shy of a key support level and selling pressure pushing the market to new six-month lows, while UK Allowances resumed their decline.


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