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FX

The euro strengthened against the U.S. dollar, with the €/£ The change in €/£/$ €/$
EUR/USD rate increasing for a fifth consecutive session as 0.8740 1.8000
improved risk sentiment followed the announcement of 0.8730 1.6000
a U.S.–Iran ceasefire. This offset the impact of stronger 1.4000
0.8720
U.S. inflation data and kept the dollar under pressure. 1.2000
0.8710
Consequently, the pair climbed by 1.7% to 1.1711. 1.0000
0.8700
0.8000
The EUR/GBP rate was broadly range-bound for the 0.8690
week, with fluctuations driven by alternating risk 0.6000
0.8680
sentiment and relative central bank outlooks. Overall, 0.4000
0.8670 0.2000
the euro traded relatively steady versus sterling with a
0.8660 0.0000
slight upward bias, with the pair trading at 0.8710.
06.04.26 07.04.26 08.04.26 09.04.26 10.04.26
€/£ €/$

CARBON

European carbon prices rose over the week, supported The change in Carbon Prices
by tighter supply at auctions and technical buying toward
82
the end of the period.
80
A cautious recovery in investor appetite contributed to 78
the rise, as positioning data indicated funds increased net 76
long exposure after ten consecutive weeks of reductions. €/tonne 74
Despite uncertainty over upcoming policy updates, EUAs 72
70
expiring in Dec2026 settled higher for the week, trading
68
at 72.84 EUR/tonne.
66
Dec26 Dec27 Dec28 Dec29

06.04.26 10.04.26

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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