Birdwatch Note Rating
2024-10-31 23:16:20 UTC - HELPFUL
Rated by Participant: A5176ECA1A12EB970654DE9C99274C8C03C8592B6C4E43E2D84E535BB66560F0
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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