Birdwatch Note Rating
2024-10-31 22:17:04 UTC - HELPFUL
Rated by Participant: 95AA6E7B115B112DA78C71913B095A3F7F48C7BAEB94B2530A348EEC79728255
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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