Birdwatch Note Rating
2024-11-01 02:19:30 UTC - HELPFUL
Rated by Participant: AE89CAF380FC0CABCEBA0C8B23DF614EFC0A39395CCC70CD4883AB426F3418E2
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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