EUAs broke above technical resistance in another quiet session
Except in Germany where prices inched up on forecasts of weaker wind output, the power spot prices faded in northwestern Europe yesterday amid expectations of…
Bond yields have rebounded, equities as well and the USD has lost some ground, the EUR/USD exchange rate returning above 1.19… before falling back below this morning. Fed speakers have in general been reassuring about inflation, but their speeches show different opinions. The market seems a bit lost and does not really know what to make of the last Fed meeting.
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