EU Market: EUAs retreat below €28.50 as bullish drivers fade

Published 18:33 on July 16, 2019  /  Last updated at 10:37 on July 18, 2019  /  EMEA, EU ETS  /  No Comments

European carbon fell for the first time in five days on Tuesday, sinking below major technical resistance after some traders warned that the bullish drivers that had pushed prices to a new 11-year high this week were waning.

European carbon fell for the first time in five days on Tuesday, sinking below major technical resistance after some traders warned that the bullish drivers that had pushed prices to a new 11-year high this week were waning.

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