Birdwatch Note Rating
2024-10-31 18:08:43 UTC - HELPFUL
Rated by Participant: 86620EEFE3B17FE3A496A25663921DA5376E171402763458DEDD18D32D5E3045
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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