Birdwatch Note Rating
2024-10-31 22:50:24 UTC - HELPFUL
Rated by Participant: 5607415E6A110C8034A50581F1DDFBBD6652B996AD3BADA4FFB6B38186B615D1
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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