Birdwatch Note Rating
2024-11-01 21:12:15 UTC - HELPFUL
Rated by Participant: 3EA09D6E3047BF5DE45584218591EDB8DCCCA2F733B767550E9FAA32AE70FF98
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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