EMEA > Euro Markets: EUAs climb as much as 2% to test significant technical resistance before late slide

Euro Markets: EUAs climb as much as 2% to test significant technical resistance before late slide

Published 17:15 on October 29, 2024  /  Last updated at 17:15 on October 29, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices resumed the recovery that began late last week, erasing Monday's loss and surpassing Thursday and Friday's intraday peaks to set a new eight-week high, as buyers returned to the market and pushed prices close to technical resistance levels, before a late dip amid renewed selling.
European carbon prices resumed the recovery that began late last week, erasing Monday's loss and surpassing Thursday and Friday's intraday peaks to set a new eight-week high, as buyers returned to the market and pushed prices close to technical resistance levels, before a late dip amid renewed selling.


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