EMEA > Euro Markets: EUAs blow through more technical levels as short-covering drives price to four-week high

Euro Markets: EUAs blow through more technical levels as short-covering drives price to four-week high

Published 18:12 on August 1, 2024  /  Last updated at 01:08 on August 2, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices extended Wednesday's gains as the market shrugged off early tests of a key technical level that had acted as resistance and has now become a support, and breached two more upside levels on their way to the highest intraday prices in nearly four weeks.
European carbon prices extended Wednesday's gains as the market shrugged off early tests of a key technical level that had acted as resistance and has now become a support, and breached two more upside levels on their way to the highest intraday prices in nearly four weeks.


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