Birdwatch Note Rating
2024-11-01 00:54:55 UTC - HELPFUL
Rated by Participant: A5176ECA1A12EB970654DE9C99274C8C03C8592B6C4E43E2D84E535BB66560F0
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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