Birdwatch Note Rating
2024-11-01 17:13:57 UTC - HELPFUL
Rated by Participant: E58575747FD66C9EA24014EA82B3B4149D0A3B28F2C7B32E785530F448E36656
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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