Birdwatch Note Rating
2024-10-31 20:58:30 UTC - HELPFUL
Rated by Participant: 104FC13E6AE732E8DF6DD9A2C16AA374C42954BA9535881C30E323300488A1B4
Participant Details
Original Note:
The UK economy is not “on the brink”, the pound fell by 0.7% against the euro and has mostly stabilised at market close. 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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