Page 107 - Demo
P. 107
CARBON (€/T) THUFRI VAR D-1 VAR W-1AVG.MAXMIN 6/117/11FROM THE BEGINNING OF THIS YEARCO2 EUA DEC 202580.17 79.47-0.70.9373.4783.9360.94CO2 EUA DEC 202682.24 81.56-0.680.9875.4686.3562.54CO2 EUA DEC 202784.55 83.87-0.681.0277.7589.0764.54CO2 EUA DEC 202887.17 86.49-0.681.0880.3291.9466.86UK ETS DEC 25 EUR 64.38 62.82-1.56-1.0156.9667.0437.35UK ETS DEC 26 EUR 67.24 65.62-1.62-1.0559.5970.0439.48UK ETS DEC 27 EUR 70.29 68.59-1.7-1.0762.3873.1442.14European carbon prices fell on Friday, pressured by anticipation of anupcoming EU ambassadors’ vote on starting formal talks to link the EU and UKETS, which likely dampened market sentiment. The EUAs expiring in Dec-2025decreased by around 1% to 79.47 EUR/tonne.CO2 EUAEXCHANGE RATES THUFRIVAR D-1 VAR W-1AVG.MAXMIN 6/117/11FROM THE BEGINNING OF THIS YEARRATE EUR/USD1.1533 1.15610.00280.00071.12441.18371.0198RATE EUR/GBP0.8807 0.88110.0004-0.00050.85370.88160.8253RATE GBP/EUR1.1355 1.1349-0.00060.00061.17181.21171.1343The EUR/USD pair added 0.2%, closing at 1.1561, driven by a weaker Dollaramid the ongoing U.S. government shutdown and concerns over overvalued AIstocks, which triggered a sell-off across major Wall Street indices. The USDollar Index fell to 99.53 as investors favoured the euro.Meanwhile, the EUR/GBP rate inched up to 0.8811, with the pound weighed bythe BoE’s dovish stance. On Thursday, the Bank Rate was held at 4% asexpected, but four MPC members favoured an immediate cut, highlightinggrowing dovish sentiment.

