{"id":51809,"date":"2026-07-27T11:27:25","date_gmt":"2026-07-27T11:27:25","guid":{"rendered":"https:\/\/www.vtmarkets.com\/cn-asia\/uncategorized\/%e6%ac%a7%e5%85%83-%e7%be%8e%e5%85%83%e5%8f%8d%e5%bc%b9%e9%87%8d%e8%bf%941-140%e4%b8%8a%e6%96%b9%e6%98%be%e5%be%97%e8%84%86%e5%bc%b1%ef%bc%8c%e8%83%bd%e6%ba%90%e9%a3%8e%e9%99%a9%e4%b8%8e%e7%be%8e\/"},"modified":"2026-07-27T11:27:25","modified_gmt":"2026-07-27T11:27:25","slug":"%e6%ac%a7%e5%85%83-%e7%be%8e%e5%85%83%e5%8f%8d%e5%bc%b9%e9%87%8d%e8%bf%941-140%e4%b8%8a%e6%96%b9%e6%98%be%e5%be%97%e8%84%86%e5%bc%b1%ef%bc%8c%e8%83%bd%e6%ba%90%e9%a3%8e%e9%99%a9%e4%b8%8e%e7%be%8e","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/cn-asia\/live-updates\/%e6%ac%a7%e5%85%83-%e7%be%8e%e5%85%83%e5%8f%8d%e5%bc%b9%e9%87%8d%e8%bf%941-140%e4%b8%8a%e6%96%b9%e6%98%be%e5%be%97%e8%84%86%e5%bc%b1%ef%bc%8c%e8%83%bd%e6%ba%90%e9%a3%8e%e9%99%a9%e4%b8%8e%e7%be%8e\/","title":{"rendered":"\u6b27\u5143\/\u7f8e\u5143\u53cd\u5f39\u91cd\u8fd41.140\u4e0a\u65b9\u663e\u5f97\u8106\u5f31\uff0c\u80fd\u6e90\u98ce\u9669\u4e0e\u7f8e\u8054\u50a8\u9a71\u52a8\u7684\u7f8e\u5143\u9700\u6c42\u9690\u73b0"},"content":{"rendered":"

EUR\/USD \u5728\u6cb9\u4ef7\u5927\u5e45\u56de\u843d\u540e\u91cd\u65b0\u7ad9\u4e0a 1.140\uff0c\u4f46\u7531\u4e8e\u7f3a\u4e4f\u660e\u786e\u7684\u5730\u7f18\u653f\u6cbb\u964d\u6e29\u8def\u5f84\uff0c\u8fd9\u6ce2\u53cd\u5f39\u88ab\u754c\u5b9a\u4e3a\u201c\u8106\u5f31\u201d\u3002\u5206\u6790\u6307\u51fa\uff0c\u6b27\u6d32\u5bf9\u80fd\u6e90\u8fdb\u53e3\u7684\u655e\u53e3\u8f83\u5927\uff0c\u504f\u9ad8\u7684\u5929\u7136\u6c14\u4ef7\u683c\u62d6\u7d2f\u6b27\u5143\u7684\u8d38\u6613\u6761\u4ef6\uff08terms of trade\uff09\uff1b\u540c\u65f6\uff0c\u77ed\u671f\u5185\u6b27\u5143\u533a\u7684\u6570\u636e\u53d1\u5e03\u9884\u8ba1\u96be\u4ee5\u63d0\u4f9b\u8db3\u591f\u7684\u672c\u571f\u652f\u6491\uff0c\u4ee5\u5bf9\u51b2\u7f8e\u5143\u907f\u9669\u9700\u6c42\u4ee5\u53ca\u4e0e\u7f8e\u8054\u50a8\u76f8\u5173\u7684\u538b\u529b\u3002\u62a5\u544a\u4ea6\u63d0\u793a\uff0c\u5e02\u573a\u53ef\u80fd\u5728\u5468\u4e09FOMC\u4f1a\u8bae\u524d\u8fdb\u884c\u9884\u9632\u6027\u7f8e\u5143\u4ed3\u4f4d\u90e8\u7f72\u7684\u98ce\u9669\u3002<\/p>\n

\u5728\u80fd\u6e90\u65b9\u9762\uff0c\u8be5\u62a5\u544a\u79f0\uff0c\u4efb\u4f55\u519b\u4e8b\u6253\u51fb\u82e5\u518d\u5ea6\u5347\u7ea7\uff0c\u53ef\u80fd\u63a8\u52a8\u5e03\u4f26\u7279\u56de\u5230 100\u7f8e\u5143\/\u6876\uff0c\u5e76\u4ee4 EUR\/USD \u8dcc\u7834 1.1380\u3002\u5373\u4fbf\u5f53\u65e5\u51fa\u73b0\u56de\u8c03\uff0cTTF\u5929\u7136\u6c14\u4ecd\u62a5 58\u6b27\u5143\/MWh\uff0c\u8f837\u6708\u521d\u9ad8\u51fa\u903e30%\uff0c\u5e76\u63a5\u8fd13\u6708\u9ad8\u4f4d\uff0c\u4f7f\u6b27\u5143\u533a\u8d38\u6613\u6761\u4ef6\u7ef4\u6301\u5728\u63a5\u8fd13\u6708\u4f4e\u70b9\u3001\u4e14\u4e0e2023\u5e74\u7684\u6c34\u5e73\u76f8\u5f53\u3002\u901a\u80c0\u4e0e\u653f\u7b56\u5b9a\u4ef7\u65b9\u9762\uff0c\u6b27\u5143\u533aCPI\u9884\u8ba1\u5468\u4e94\u56de\u5347\u81f3 3.0%\u4e0a\u65b9\uff0c\u6838\u5fc3\u901a\u80c0\u63a5\u8fd1 2.5%\uff1b\u5e02\u573a\u636e\u79f0\u8ba1\u5165\u6b27\u6d32\u592e\u884c\u5e74\u5185\u5408\u8ba1\u7ea6 42\u4e2a\u57fa\u70b9\u7684\u653f\u7b56\u8c03\u6574\u7a7a\u95f4\u3002<\/p>\n

\u884d\u751f\u54c1\u4ea4\u6613\u5458\u5728\u5730\u7f18\u653f\u6cbb\u4e0e\u80fd\u6e90\u98ce\u9669\u4e0b\u7684\u5ba1\u614e\u7b56\u7565<\/h3>\n

\u6211\u4eec\u5efa\u8bae\u884d\u751f\u54c1\u4ea4\u6613\u5458\u5bf9 EUR\/USD \u8fd1\u671f\u53cd\u5f39\u5e76\u91cd\u8fd4 1.140 \u4e0a\u65b9\u4fdd\u6301\u9ad8\u5ea6\u8c28\u614e\uff0c\u56e0\u4e3a\u5176\u7f3a\u4e4f\u7a33\u56fa\u7684\u5730\u7f18\u653f\u6cbb\u964d\u6e29\u57fa\u7840\u3002\u9274\u4e8e\u5e03\u4f26\u7279\u539f\u6cb9\u5bf9\u4efb\u4f55\u7a81\u53d1\u519b\u4e8b\u5347\u7ea7\u9ad8\u5ea6\u654f\u611f\uff0c\u82e5\u6cb9\u4ef7\u5728\u672a\u6765\u6570\u5468\u5feb\u901f\u56de\u5230 100\u7f8e\u5143\/\u6876\uff0c\u6c47\u4ef7\u5f88\u5bb9\u6613\u88ab\u62d6\u7d2f\u8dcc\u7834 1.1380\u3002\u4ea4\u6613\u5458\u53ef\u8003\u8651\u4e70\u5165\u77ed\u671f\u9650 EUR\/USD \u770b\u8dcc\u671f\u6743\uff08put\uff09\uff0c\u6216\u5efa\u7acb\u5982\u505a\u591a\u8de8\u5f0f\uff08long straddle\uff09\u7b49\u6ce2\u52a8\u7387\u7b56\u7565\uff0c\u4ee5\u628a\u63e1\u7531\u80fd\u6e90\u9a71\u52a8\u7684\u7a81\u53d1\u884c\u60c5\u6ce2\u52a8\u3002<\/p>\n

\u6b27\u6d32\u5929\u7136\u6c14\u4ef7\u683c\uff08TTF\uff09\u4ecd\u662f\u4e25\u91cd\u9006\u98ce\uff0c\u76ee\u524d\u4ea4\u6613\u5728 58\u6b27\u5143\/MWh\uff0c\u8f837\u6708\u521d\u6c34\u5e73\u9ad8\u51fa\u903e30%\uff0c\u5e76\u63a5\u8fd13\u6708\u5cf0\u503c\u3002\u6301\u7eed\u7684\u9ad8\u4ef7\u663e\u8457\u635f\u5bb3\u6b27\u5143\u533a\u8d38\u6613\u6761\u4ef6\uff0c\u800c\u5386\u53f2\u7ecf\u9a8c\u663e\u793a\uff0c\u8d38\u6613\u6761\u4ef6\u662f\u9a71\u52a8\u6b27\u5143\u4e2d\u671f\u8d70\u52bf\u7684\u6700\u5173\u952e\u56e0\u7d20\u4e4b\u4e00\u3002\u7531\u4e8e\u4ef7\u683c\u4ecd\u660e\u663e\u9ad8\u4e8e\u5371\u673a\u524d 20\u81f330\u6b27\u5143\/MWh \u7684\u5386\u53f2\u5747\u503c\u533a\u95f4\uff0c\u6b27\u5143\u7684\u57fa\u672c\u9762\u524d\u666f\u53d7\u5230\u660e\u663e\u524a\u5f31\u3002<\/p>\n

\u7f8e\u5143\u907f\u9669\u903b\u8f91\u4e0e\u6b27\u5143\u533a\u901a\u80c0\u524d\u666f<\/h3>\n

\u6211\u4eec\u9884\u8ba1\uff0c\u5728\u672c\u5468\u4e09FOMC\u4f1a\u8bae\u524d\uff0c\u9884\u9632\u6027\u4e70\u5165\u7f8e\u5143\u7684\u529b\u5ea6\u5c06\u589e\u5f3a\uff0c\u8fdb\u800c\u4ee4 EUR\/USD \u7ef4\u6301\u627f\u538b\u3002\u5386\u53f2\u6570\u636e\u663e\u793a\uff0c\u5f53\u5168\u7403\u98ce\u9669\u4e0a\u5347\u65f6\uff0c\u7f8e\u5143\u6307\u6570\u901a\u5e38\u83b7\u5f97\u9632\u5fa1\u6027\u652f\u6491\uff0c\u56e0\u6b64\u914d\u7f6e\u505a\u591a\u7f8e\u5143\u7684\u671f\u6743\u7ed3\u6784\u53ef\u4f5c\u4e3a\u6709\u6548\u5bf9\u51b2\u3002\u5728\u5468\u4e2d\u7f8e\u8054\u50a8\u51b3\u8bae\u524d\u5efa\u7acb\u7f8e\u5143\u591a\u5934\u4ed3\u4f4d\uff0c\u63d0\u4f9b\u76f8\u5bf9\u53ef\u9760\u7684\u77ed\u7ebf\u6218\u672f\u5e03\u5c40\u3002<\/p>\n

\u5c3d\u7ba1\u6b27\u5143\u533a\u6574\u4f53\u901a\u80c0\u9884\u8ba1\u672c\u5468\u4e94\u56de\u5347\u81f3 3.0%\u4e0a\u65b9\uff0c\u4f46\u6838\u5fc3\u901a\u80c0\u5f98\u5f8a\u5728 2.5%\u9644\u8fd1\uff0c\u610f\u5473\u7740\u6b27\u6d32\u592e\u884c\u4e0d\u592a\u53ef\u80fd\u8fc5\u901f\u8f6c\u5411\u5f3a\u786c\u9e70\u6d3e\u3002\u5f53\u524d\u5e02\u573a\u5b9a\u4ef7\u53cd\u6620\u5e74\u5185\u7ea6 42\u4e2a\u57fa\u70b9\u7684\u6b27\u6d32\u592e\u884c\u964d\u606f\uff08\u6216\u5bbd\u677e\uff09\u7a7a\u95f4\uff0c\u800c\u8fd9\u4e00\u9884\u671f\u4ecd\u5bf9\u6cb9\u4ef7\u7684\u6301\u7eed\u6ce2\u52a8\u9ad8\u5ea6\u654f\u611f\u3002\u4e0e\u5176\u62bc\u6ce8\u660e\u663e\u4e14\u6301\u7eed\u7684\u6b27\u5143\u4e0a\u884c\uff0c\u4ea4\u6613\u5458\u66f4\u5e94\u805a\u7126\u4e8e\u6b27\u5143\u8ba1\u4ef7\u5229\u7387\u4e92\u6362\u4e0e\u671f\u6743\u4e2d\u7684\u5229\u7387\u6ce2\u52a8\u7387\u5b9a\u4ef7\u673a\u4f1a\u3002<\/p>\n\n\n\n

\u7acb\u5373\u5f00\u59cb\u4ea4\u6613 \u2014 \u70b9\u51fb\u8fd9\u91cc<\/a>\u521b\u5efa\u60a8\u7684 VT Markets \u771f\u5b9e\u8d26\u6237\u3002<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

\u6cb9\u4ef7\u56de\u843d\u63a8 EUR\/USD \u91cd\u8fd41.140\uff0c\u5374\u56e0\u5730\u7f18\u98ce\u9669\u672a\u9664\u800c\u201c\u8106\u5f31\u201d\u3002TTF\u9ad8\u4f01\u4f24\u8d38\u6613\u6761\u4ef6\uff0cFOMC\u524d\u7f8e\u5143\u907f\u9669\u5347\u6e29\uff0c\u6cb9\u518d\u51b2100\u6216\u8dcc\u78341.1380\u3002\u671f\u6743\u9632\u5b88\u66f4\u4f73\u3002<\/p>\n","protected":false},"author":87,"featured_media":49959,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33],"tags":[],"class_list":["post-51809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t