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CARBON (€/T) TUE WED VAR D-1 VAR W-1AVG.MAXMIN 9/910/9FROM THE BEGINNING OF THIS YEARCO2 EUA DEC 202576.90 77.100.22.1572.3783.9360.94CO2 EUA DEC 202678.90 79.080.182.1974.3586.3562.54CO2 EUA DEC 202781.14 81.340.22.2176.6489.0764.54CO2 EUA DEC 202883.72 83.920.22.1979.2191.9466.86UK ETS DEC 25 EUR 66.14 66.300.163.455.2566.3037.35UK ETS DEC 26 EUR 69.13 69.300.173.5157.8269.3039.48UK ETS DEC 27 EUR 72.27 72.440.173.7960.5472.4442.14European carbon prices inched higher on Wednesday, supported bycompliance demand ahead of the month-end deadline and speculative interesttied to expectations of a tighter market in 2026. Hence, the EUAs expiring inDec-2025 gained 0.3% to 77.10 EUR/tonne.CO2 EUAEXCHANGE RATES TUEWEDVAR D-1 VAR W-1AVG.MAXMIN 9/910/9FROM THE BEGINNING OF THIS YEARRATE EUR/USD1.1744 1.1707-0.00370.00541.11461.18101.0198RATE EUR/GBP0.8663 0.8650-0.0013-0.00370.84920.87170.8253RATE GBP/EUR1.1543 1.15610.00180.0051.17781.21171.1472The euro weakened on Wednesday as traders turned cautious ahead ofThursday’s ECB policy decision. Beyond monetary factors, political unrest inFrance and NATO talks following a breach of Polish airspace further pressuredthe currency. As a result, the EUR/USD pair slipped by 0.3% to 1.1707, whilethe EUR/GBP rate traded 0.2% lower at 0.8650, with sterling supported bystronger UK consumer spending in August.