Birdwatch Note Rating
2024-11-01 00:08:49 UTC - HELPFUL
Rated by Participant: 84E584DF34FD2B6615345EA98730209DA245140779B0D6FD38531A91CF53D1C7
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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