Euro Markets: EUAs snap losing streak with technical bounce but post 7.3% weekly loss

Published 11:26 on February 21, 2025  /  Last updated at 18:51 on February 21, 2025  / /  EMEA, EU ETS, UK ETS

European carbon allowance prices headed into the weekend with a technical bounce after having fallen near key support levels on Thursday, posting a 1.7% daily gain as traders covered short positions after the steep decline over the last few days, while UKAs made a late recovery after having earlier lost as much as 17% since last Friday.
European carbon allowance prices headed into the weekend with a technical bounce after having fallen near key support levels on Thursday, posting a 1.7% daily gain as traders covered short positions after the steep decline over the last few days, while UKAs made a late recovery after having earlier lost as much as 17% since last Friday.


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