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FX

The Euro sharply declined against the U.S. dollar. The €/£ The change in €/£/$ €/$
gloomy market sentiment, following U.S. President Donald
Trump’s signing of executive orders imposing tariffs on 0.8740 1.1800
dozens of trading partners, continues to support the dollar. 0.8720
1.1700
The EUR/USD rate dropped by about 3% for the week, 0.8700
reaching 1.1404 on Friday. 0.8680 1.1600

The British pound strengthened versus the European 0.8660
1.1500
single currency, as investor sentiment toward the Euro 0.8640
soured due to a contentious EU-US trade agreement and 0.8620 1.1400
mixed economic data from the Eurozone. As such, the 0.8600
EUR/GBP pair declined by 0.6% for the week, ending at 1.1300
0.8580
0.8665.
0.8560 1.1200
25.07.26 28.07.25 29.07.25 30.07.26 31.07.26 01.08.26
€/£ €/$

CARBON

European carbon prices saw marginal declines over the The change in Carbon Prices
past week but remained confined to a narrow range 80
amid a lack of clear market drivers.
78

76
Negative sentiment on the stock markets as well as
across the fuel markets affected carbon prices. €/tonne 74
72
As a result, EUAs expiring in Dec-25 slipped by 0.4% for 70
the week, ending at around 71 EUR/tonne. 68
66
Dec25 Dec26 Dec27 Dec28
25.07.25 01.08.25

Power prices in Ireland are strongly linked to gas and Carbon prices by the volume of gas fired power stations in Ireland’s power market. Gas prices are in turn influenced by
oil prices and exchange rates.

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