Birdwatch Note Rating
2024-11-01 07:53:47 UTC - HELPFUL
Rated by Participant: 2D37D9C699A25A36FB4DB4ED28E36DA9FDCBE3618ACF7B59920E67167F0F89FB
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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