Market Comment - 4th April 2022

Posted by Stuart PritchardApril 4, 2022

Good morning,

On Friday the non farm payrolls from the US cam in below expectations. Analysts were expecting job growth of 490,000, but came in at 431,000. This caused the Dollar to weaken against the Pound but only marginally.

In the UK the business headlines are being dominated by cancelled flights by Easyjet and BA. Staff shortages are being blamed causing major disruption as we approach the Easter holidays. This has had little effect on the Pound rates against the other major currencies.

Today sees the Bank of Englands Governor, Andrew Bailey, giving a speech later and this looks to be the only scheduled news that could move the Pound rates.

As ever we look forward to keeping you in the loop and look out for our next update.

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Today’s Economic Calendar

UK: 10:00 BoE Governors Speech

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