Birdwatch Note Rating
2024-10-31 21:10:51 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 884B07C0F9376DE6CF8ACA9650437244CC88162AF488F6F47665544F34731A84
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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