EMEA > Euro Markets: EUA rally loses momentum, clings on above key technical level

Euro Markets: EUA rally loses momentum, clings on above key technical level

Published 17:16 on May 8, 2025  /  Last updated at 18:43 on May 8, 2025  / /  EMEA, EU ETS, UK ETS

European carbon's recent price rally came to a halt on Thursday as selling activity gained in strength after the market hit a six-week high and bumped up against a technical resistance level, before falling back to end the session in line with another technical support, while UK Allowances also halted their bull run after climbing to a new 18-month high.
European carbon's recent price rally came to a halt on Thursday as selling activity gained in strength after the market hit a six-week high and bumped up against a technical resistance level, before falling back to end the session in line with another technical support, while UK Allowances also halted their bull run after climbing to a new 18-month high.


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