Birdwatch Note Rating
2024-11-01 12:01:41 UTC - HELPFUL
Rated by Participant: 38569DA883589D250F1D16CF9391FF4A5DE721ABE5D4188B4DD541971B198E25
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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