Birdwatch Note Rating
2024-11-01 01:31:04 UTC - HELPFUL
Rated by Participant: 4AC491D682282492C35966AC53151CF80E08C3DDE086AFF837AE26038B81D653
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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