Euro Markets: EUAs hit six-week peak as first technical level breached, while front-year UKAs hit 18-month high

Published 17:18 on May 7, 2025 / Last updated at 17:28 on May 7, 2025 / / EMEA (Compliance Markets & Taxes, Europe)

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EU carbon allowance prices rose for a second day, overcoming a key resistance level and setting a six-week high as bullishly positioned traders eyed a second technical level, after weekly positions data showed speculative traders had amassed the largest net long position in a month, while UKAs extended their recent gains to set a new 18-month high for the rolling front-year contract.
EU carbon allowance prices rose for a second day, overcoming a key resistance level and setting a six-week high as bullishly positioned traders eyed a second technical level, after weekly positions data showed speculative traders had amassed the largest net long position in a month, while UKAs extended their recent gains to set a new 18-month high for the rolling front-year contract.


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