# FCA 'looking into' jump in pound before Bank of England rates decision

> The FCA said it was looking into a sharp rise in sterling in the minute before the BoE's January 30 rate announcement. Large buy orders for sterling futures were reported seconds before the decision was published.

- Date: 2020-01-31 · published 2020-01-31T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/55335-fca-looking-into-jump-in-pound-before-bank-of-england-rates-decision
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The probe concerns possible leaks of policy information, not a change in fundamentals, so it has little direct effect on feed commodity prices.

## Sources

- news.sky.com: https://news.sky.com/story/fca-looking-into-jump-in-pound-before-bank-of-england-rates-decision-11922264

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.