A sharp move in the British pound last month in the minutes ahead of a crucial central-bank decision wasn’t a unique occurrence, according to data reviewed by The Wall Street Journal. The U.K.’s Financial Conduct Authority has said it is looking into unusual trading that occurred before a Bank of England policy meeting on Jan. 30. Yet trading-volume data show there was also unusually high activity in the pound the previous month, compared with other announcements dating back to early 2017.
Source: Wall Street Journal February 09, 2020 10:07 UTC