Euro Markets: EUAs erase early losses to retake key technical level as energy prices wilt

Published 17:23 on July 11, 2023 / Last updated at 19:49 on July 11, 2023 / / EMEA (Compliance Markets & Taxes, Europe)

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EUAs rallied on Tuesday's daily auction and surged late on to settle at their highest in five days as traders strove to keep prices near a key technical level, with one eye on Wednesday's lack of an EUA sale, while energy markets fell as fundamentals continue to look weak.
EUAs rallied on Tuesday's daily auction and surged late on to settle at their highest in five days as traders strove to keep prices near a key technical level, with one eye on Wednesday's lack of an EUA sale, while energy markets fell as fundamentals continue to look weak.


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