Birdwatch Note Rating
2024-10-31 18:03:59 UTC - HELPFUL
Rated by Participant: 9C4D80AC88ABE472E9A57DFD71E706CB7A4BE2AB29DBDE7D381D315618EAE965
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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