Birdwatch Note Rating
2024-11-01 02:50:49 UTC - HELPFUL
Rated by Participant: F4BDAA7251804F9197A8287C51CA8C6E3CD027269595AD7F618111944F2E4C93
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/
All Note Details