Birdwatch Note Rating
2024-10-31 18:58:52 UTC - HELPFUL
Rated by Participant: 2734C67DE4CC69957DABB895BAB043457D8EA14E0502C5D3E631212111954E19
Participant Details
Original Note:
The British Pound has not “crashed”. It fell 0.7% against the Euro and is now stabilising. The graph is also incredibly misleading as it starts at 665.00 and ends at 671.00 making the downward trajectory look more dramatic than the reality. https://www.reuters.com/markets/currencies/sterling-ticks-higher-investors-expect-fewer-boe-rate-cuts-2024-10-31/
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