Birdwatch Note Rating
2024-11-01 03:32:34 UTC - HELPFUL
Rated by Participant: C4B20E8AB3BDD83CADA5EBEDE897B430293733A74A8E142023158B33F4BC7D81
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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