Birdwatch Note Rating
2024-10-31 21:53:58 UTC - HELPFUL
Rated by Participant: 6D93EF65C23C26D40715FB6B3678465D533C55D4EF14D25448680F1D0CFD25BF
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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