Birdwatch Note Rating
2024-10-31 22:16:12 UTC - HELPFUL
Rated by Participant: 972AADD847571ACC90DD519D53DA2F6C4F219682F5F1370130122BB2A8D63D17
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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