Birdwatch Note Rating
2024-10-31 21:37:06 UTC - HELPFUL
Rated by Participant: EA57B18A4F4F89DDDA242B9068D9732EE7B96B3BB40F89FDF0BF2EFC83EFC388
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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