Euro Markets: EUAs let go of trend line support amid heavy selling, post biggest weekly loss since June
Attributed to Carbon Pulse. EcoFinance is not independently verifying these facts. Information only — not investment advice.
https://carbon-pulse.com/556706/
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EU carbon allowances posted their largest daily loss in almost three weeks on Friday, and their largest weekly decline in four months, as continued heavy selling finally overcame largely passive but successful support from buyers and pushed EUAs firmly below a long-term rising trend line that had sustained a six-month-long market rally.
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