Pound Could Fall 10% in No-Deal Brexit Scenario, Says Nguyen of Commerzbank

The video discusses the impact of Brexit on the pound and market volatility. It highlights the market's relatively relaxed stance despite increased implied volatility and the potential scenarios that could affect the pound, including a second referendum. The speaker suggests that investors with pound exposure should consider hedging their positions due to the risk of a no-deal Brexit, which could lead to a significant depreciation of the pound. Buying implied volatility is recommended as a good risk-return investment.

What investment strategy does the speaker suggest for investors with pound exposure?

Evaluate responses using AI:

OFF

What is the expected impact on the pound in a no deal scenario according to the speaker?

Evaluate responses using AI:

OFF