Euro Markets: EUAs breach technical resistance to hit two-month high as traders eye more gains

Published 17:13 on April 14, 2026 / Last updated at 18:06 on April 14, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon prices rose to their highest in two months on Tuesday, crossing above a key technical resistance level and continuing the recent trend of moving in the opposite direction to energy markets, as the United States and Iran were said to be considering another round of peace talks even while the US began its own blockade of the Strait of Hormuz.
European carbon prices rose to their highest in two months on Tuesday, crossing above a key technical resistance level and continuing the recent trend of moving in the opposite direction to energy markets, as the United States and Iran were said to be considering another round of peace talks even while the US began its own blockade of the Strait of Hormuz.


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