英国汇率，英镑汇率持续波动，投资者担忧 BREXIT 的影响新标题 BREXIT在英镑汇率上产生不确定性，投资者持续关注

Over the past few years, the uncertainty surrounding Brexit has been a major concern for investors in the UK. The British pound has experienced significant fluctuations in its exchange rate with other major currencies, including the euro and the US dollar. This uncertainty has left investors worried about the potential economic impact of Brexit, leading many to keep a closer eye on the situation.

Since the referendum result was announced in 2016, the pound has faced a turbulent time. It initially dropped to multi-year lows against the US dollar, trading below $1.20 in September 2019. However, the pound rebounded somewhat in the latter part of that year, staying above $1.30 throughout much of 2020. In late 2020, the pound fell again, reaching a two-year low against the US dollar in December.

The uncertainty around Brexit has caused this volatility in the exchange rate. With no clear trade deal between the UK and the EU, investors are left wondering about the potential economic impact of such a deal. If the UK leaves without a trade agreement, the ensuing trade barriers could lead to a significant decline in economic activity and a corresponding decline in demand for the pound, leading to an even lower exchange rate. Conversely, if the UK and the EU are able to reach a trade agreement, the resulting economic boost could lead to a stronger pound.

The volatility in the pound has led to investors paying close attention to currency markets. This is because the exchange rate can have a significant impact on the returns from investments made overseas. For example, if an investor in the UK invests in a US-based mutual fund, any returns on that investment will be in US dollars. If the pound is weak relative to the dollar, those returns will be worth more when converted back into pounds. Conversely, if the pound is strong, those returns will be worth less.

There are several ways investors can mitigate the risk associated with currency fluctuations. One common strategy is to invest in assets that are denominated in the same currency as the investor's home currency. For example, if an investor in the UK wants to reduce the impact of currency fluctuations when investing in the US stock market, they could invest in a UK-based fund that tracks the FTSE 100 instead. This way, any returns from that investment will be in pounds, and the investor will not be subject to exchange rate risk.

Another strategy is to use hedging instruments to protect against currency fluctuations. For example, a UK-based investor who has invested in a US stock might use a currency forward contract to lock in the exchange rate at which they will convert their US dollar returns back into pounds. This strategy can help protect against adverse currency movements, although it does come with some costs.

Overall, investors are right to be concerned about the impact of Brexit on the exchange rate. The uncertainty surrounding trade relations between the UK and the EU continues to be a source of volatility, and this volatility is likely to persist until there is more clarity on the issue. However, there are strategies that investors can use to mitigate the risks associated with currency fluctuations and protect their investments.