Euro Markets: EUAs slide to seven-week low as speculators cut more length, while energy rallies

Published 17:18 on January 29, 2026 / Last updated at 17:34 on January 29, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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EU carbon allowances dropped sharply at the start of Thursday's session and continued to drift to set a seven-week low at the close, as traders reported a continuation of the liquidation of long positions that had characterised Wednesday afternoon, while energy markets continued to firm amid strengthening rhetoric from the US over Iran's nuclear capability.
EU carbon allowances dropped sharply at the start of Thursday's session and continued to drift to set a seven-week low at the close, as traders reported a continuation of the liquidation of long positions that had characterised Wednesday afternoon, while energy markets continued to firm amid strengthening rhetoric from the US over Iran's nuclear capability.


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