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CARBON (€/T) WED THU VAR D-1 VAR W-1AVG.MAXMIN 15/416/4FROM THE BEGINNING OF THIS YEARCO2 EUA DEC 202674.15 74.990.841.2776.9892.2463.65CO2 EUA DEC 202776.67 77.510.841.2779.3394.8065.92CO2 EUA DEC 202879.32 80.140.821.2681.8897.7368.21UK ETS DEC 26 EUR 53.96 57.984.028.758.9884.0240.13UK ETS DEC 27 EUR 56.61 60.854.24961.6887.6142.32UK ETS DEC 28 EUR 59.60 63.844.249.3164.6791.4644.79European carbon prices advanced on Thursday after the UK announced theremoval of its carbon surcharge on fuel combustion. EUA prices tested a keytechnical level late in the session but failed to break higher. In this context, theEUAs expiring in Dec-2026 added over 1% to 75 EUR/tonne, marking a nine-week high.CO2 EUAEXCHANGE RATES WEDTHUVAR D-1 VAR W-1AVG.MAXMIN 15/416/4FROM THE BEGINNING OF THIS YEARRATE EUR/USD1.1780 1.17820.00020.00971.16921.19741.1476RATE EUR/GBP0.8693 0.86990.0006-0.00060.86880.87630.8616RATE GBP/EUR1.1503 1.1495-0.00080.00081.15101.16061.1412The EUR/USD pair traded flat at 1.1782, as stronger Eurozone inflation datashowed HICP revised up to 1.3% MoM and 2.6% YoY in March. The increasewas mainly driven by energy prices, while core inflation eased to 2.3%, keepingECB policy expectations in focus ahead of the April meeting. However, upsidewas capped by a modest rebound in the US dollar amid broadly supported risksentiment.The EUR/GBP rate was unchanged around 0.8699 despite stronger UK data,with GDP rising 0.5% in February, well above expectations.