Birdwatch Note Rating
2024-11-01 09:08:50 UTC - HELPFUL
Rated by Participant: CE556384B07BF2B70898BEA9F7252A48FF6745202132FF7021267DEDAB7ECF2B
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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