{"id":38343,"date":"2026-02-16T09:22:52","date_gmt":"2026-02-16T09:22:52","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/fed%ec%9d%98-%eb%b6%88%ed%99%95%ec%8b%a4%ec%84%b1%ea%b3%bc-%ec%a0%95%ec%b9%98%ec%a0%81-%eb%a6%ac%ec%8a%a4%ed%81%ac-%ec%86%8d%ec%97%90-dbs%ec%9d%98-%ed%95%84%eb%a6%bd-%ec%9c%84-%ec%a3%bc%ec%9a%94\/"},"modified":"2026-02-16T09:22:52","modified_gmt":"2026-02-16T09:22:52","slug":"fed%ec%9d%98-%eb%b6%88%ed%99%95%ec%8b%a4%ec%84%b1%ea%b3%bc-%ec%a0%95%ec%b9%98%ec%a0%81-%eb%a6%ac%ec%8a%a4%ed%81%ac-%ec%86%8d%ec%97%90-dbs%ec%9d%98-%ed%95%84%eb%a6%bd-%ec%9c%84-%ec%a3%bc%ec%9a%94","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/fed%ec%9d%98-%eb%b6%88%ed%99%95%ec%8b%a4%ec%84%b1%ea%b3%bc-%ec%a0%95%ec%b9%98%ec%a0%81-%eb%a6%ac%ec%8a%a4%ed%81%ac-%ec%86%8d%ec%97%90-dbs%ec%9d%98-%ed%95%84%eb%a6%bd-%ec%9c%84-%ec%a3%bc%ec%9a%94\/","title":{"rendered":"Fed\uc758 \ubd88\ud655\uc2e4\uc131\uacfc \uc815\uce58\uc801 \ub9ac\uc2a4\ud06c \uc18d\uc5d0 DBS\uc758 \ud544\ub9bd \uc704, \uc8fc\uc694 \ud1b5\ud654 \ubc0f \uc544\uc2dc\uc544 \ud1b5\ud654 \ub300\ube44 \ub2ec\ub7ec \uc804\ub9dd \ud558\ud5a5 \uc870\uc815"},"content":{"rendered":"DBS\uadf8\ub8f9 \ub9ac\uc11c\uce58\ub294 \ubbf8\uad6d \ub2ec\ub7ec(US Dollar) \uc804\ub9dd\uce58\ub97c \ub300\ubd80\ubd84\uc758 \uc8fc\uc694 \ud1b5\ud654\uc640 \uc544\uc2dc\uc544 \ud1b5\ud654\uc5d0 \ub300\ud574 \ud558\ud5a5 \uc870\uc815\ud588\ub2e4. \uadf8 \uc774\uc720\ub85c\ub294 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Federal Reserve, \ubbf8\uad6d\uc758 \uc911\uc559\uc740\ud589)\uc758 \uc9c0\ub3c4\ubd80\uc640 \ub3c5\ub9bd\uc131(\uc815\uce58 \uad8c\ub825\uc73c\ub85c\ubd80\ud130 \uc815\ucc45 \uacb0\uc815\uc744 \uc2a4\uc2a4\ub85c \ud558\ub294 \ub2a5\ub825)\uc5d0 \ub300\ud55c \ubd88\ud655\uc2e4\uc131 \ud655\ub300, \ud0c8\ub2ec\ub7ec\ud654(de-dollarisation: \uad6d\uc81c \uac70\ub798\u00b7\ubcf4\uc720\uc790\uc0b0\uc5d0\uc11c \ub2ec\ub7ec \ube44\uc911\uc744 \uc904\uc774\ub294 \ud750\ub984), \uadf8\ub9ac\uace0 11\uc6d4 \uc911\uac04\uc120\uac70(\uc758\ud68c \uc120\uac70) \uc804 \ubbf8\uad6d \uc815\uce58 \ub9ac\uc2a4\ud06c\ub97c \ub4e4\uc5c8\ub2e4.\n\n\ud574\ub2f9 \ubcf4\uace0\uc11c\ub294 \ub2ec\ub7ec\uac00 \ub354 \uc774\uc0c1 \uae08\ub9ac \ucc28\uc774(interest rate differentials: \ubbf8\uad6d \uae08\ub9ac\uc640 \ub2e4\ub978 \ub098\ub77c \uae08\ub9ac\uc758 \ucc28\uc774)\uc640 \ubbf8\uad6d \uacbd\uc81c \uc131\uacfc(\ub2e4\ub978 \ub098\ub77c \ub300\ube44 \uc131\uc7a5\u00b7\uace0\uc6a9 \ub4f1\uc774 \ud2b9\ud788 \uc88b\ub2e4\ub294 \ud3c9\uac00)\uc5d0\uc11c \ud070 \uc9c0\uc9c0\ub97c \ubc1b\uc9c0 \ubabb\ud558\uace0 \uc788\ub2e4\uace0 \ubc1d\ud614\ub2e4. \ub610\ud55c \uc774\uc81c\ub294 \uc81c\ub3c4 \uc2e0\ub8b0(institutional credibility: \uc911\uc559\uc740\ud589\u00b7\uc758\ud68c\u00b7\uc815\ubd80 \ub4f1 \uc81c\ub3c4\uac00 \uc57d\uc18d\uacfc \uaddc\uce59\uc744 \uc9c0\ud0a8\ub2e4\ub294 \ubbff\uc74c)\uc640 \uc815\uce58 \uc694\uc778\uc774 \ud658\uc728 \ubcc0\ub3d9\uc758 \ud575\uc2ec \ub3d9\uc778\uc774\ub77c\uace0 \ub9d0\ud588\ub2e4.\n\nDBS\ub294 2026\ub144 \ud558\ubc18\uae30(2H26: 2026\ub144 7~12\uc6d4)\uc5d0 \uc5f0\uc900\uc758 \uae30\uc900\uae08\ub9ac \uc778\ud558\uac00 \ub450 \ucc28\ub840 \uc788\uc744 \uac83\uc73c\ub85c \uc608\uc0c1\ud588\ub2e4. \ub610\ud55c \ud0c8\ub2ec\ub7ec\ud654 \ud750\ub984\uc774 \uacc4\uc18d\ub420 \uac83\uc73c\ub85c \ubd24\ub2e4.\n\n\ubcf4\uace0\uc11c\ub294 DBS\uadf8\ub8f9 \ub9ac\uc11c\uce58\uc758 \ud544\ub9bd \uc704(Philip Wee) \uba85\uc758\ub85c \uc804\ud574\uc84c\ub2e4. FXStreet\ub294 \uc774 \uae30\uc0ac\uac00 AI \ub3c4\uad6c\ub85c \uc791\uc131\ub418\uace0 \ud3b8\uc9d1\uc790\uac00 \uac80\ud1a0\ud588\uc73c\uba70, \uc778\uc0ac\uc774\ud2b8 \ud300(Insights Team)\uc774 \uc2dc\uc7a5 \uad00\ucc30 \ub0b4\uc6a9\uc744 \uace0\ub974\uace0 \ubd84\uc11d\uc744 \ub354\ud55c\ub2e4\uace0 \ubc1d\ud614\ub2e4.\n\n\ub2ec\ub7ec\ub294 \ub354 \uc774\uc0c1 \ub192\uc740 \uae08\ub9ac\ub098 \u2018\ubbf8\uad6d\ub9cc \uc720\ub3c5 \uac15\ud55c \uacbd\uc81c\u2019\ub77c\ub294 \uc774\uc720\ub85c \uc9c0\ud0f1\ub418\uc9c0 \uc54a\ub294\ub2e4. \uc774\uc81c\ub294 \uc81c\ub3c4\uc758 \uc2e0\ub8b0\uc640 \uc815\uce58 \ub9ac\uc2a4\ud06c\uac00 \ub2ec\ub7ec \uac00\uce58(\ud658\uc728)\ub97c \uc5b4\ub5bb\uac8c \uc6c0\uc9c1\uc774\ub294\uc9c0 \uc9c0\ucf1c\ubcf4\uace0 \uc788\ub2e4. \uc774\ub7f0 \ubcc0\ud654\ub294 \uc55e\uc73c\ub85c \uba87 \uc8fc \ub3d9\uc548 \ub2ec\ub7ec \uc57d\uc138 \uac00\ub2a5\uc131\uc5d0 \ub300\ube44\ud55c \ud3ec\uc9c0\uc158(\uc2dc\uc7a5 \ubc29\ud5a5\uc5d0 \ubca0\ud305\ud55c \ubcf4\uc720 \uc0c1\ud0dc)\uc744 \ucde8\ud574\uc57c \ud55c\ub2e4\ub294 \ub73b\uc774\ub2e4.\n\n\ucd5c\uadfc \uc9c0\ud45c\uc5d0\uc11c 1\uc6d4 \ubb3c\uac00\uc0c1\uc2b9\ub960(inflation: \uc804\ubc18\uc801\uc778 \ubb3c\uac00\uac00 \uc624\ub974\ub294 \uc815\ub3c4)\uc774 2.8%\ub85c \ub454\ud654\ub418\uba74\uc11c, 2026\ub144 \ud558\ubc18\uae30\uc5d0 \uc5f0\uc900\uc774 \uae08\ub9ac\ub97c \ub450 \ubc88 \ub0b4\ub9b4 \uac83\uc774\ub77c\ub294 \ubbff\uc74c\uc774 \ub354 \uac15\ud574\uc84c\ub2e4. \ud2b8\ub808\uc774\ub354(\ub2e8\uae30 \ub9e4\ub9e4\uc790)\uc5d0\uac8c\ub294 \ubbf8\uad6d \ub2ec\ub7ec \uc778\ub371\uc2a4(U.S. Dollar Index, DXY: \ub2ec\ub7ec \uac00\uce58\ub97c \uc5ec\ub7ec \uc8fc\uc694 \ud1b5\ud654 \ub300\ube44\ub85c \ub098\ud0c0\ub0b8 \uc9c0\uc218)\uc758 \ud48b\uc635\uc158(put option: \uac00\uaca9 \ud558\ub77d \uc2dc \uc774\uc775\uc774 \ub098\ub294 \uc635\uc158)\uc744 \ub9e4\uc218\ud558\ub294 \uc804\ub7b5\uc774 \ud558\ub77d\uc5d0 \ub300\ube44\ud558\ub294 \ubc29\ubc95\uc73c\ub85c \ub354 \ub9e4\ub825\uc801\uc774 \ub418\uace0 \uc788\ub2e4. \uc9c0\uc218\uac00 100 \uc218\uc900\uc73c\ub85c \ub5a8\uc5b4\uc9c8 \uac00\ub2a5\uc131\ub3c4 \uc774\uc81c \ub354 \ud604\uc2e4\uc801\uc73c\ub85c \ubcf4\uc778\ub2e4.\n\n11\uc6d4 \uc911\uac04\uc120\uac70\uac00 \ub2e4\uac00\uc624\uba74\uc11c \uc815\uce58\uc801 \ub9d0\ub4e4\uc774 \ub298\uace0, \uc815\ubd80 \uc9c0\ucd9c(government spending: \uc815\ubd80\uac00 \uc608\uc0b0\uc73c\ub85c \uc4f0\ub294 \ub3c8)\uc744 \ub458\ub7ec\uc2fc \ubd88\ud655\uc2e4\uc131\uc774 \ucee4\uc9c8 \uac83\uc73c\ub85c \uc608\uc0c1\ud55c\ub2e4. \ucd08\uae30 \uc5ec\ub860\uc870\uc0ac\ub294 \uc758\ud68c \ub2e4\uc218\ub2f9 \uacbd\uc7c1\uc774 \ubc15\ube59\uc774 \ub420 \uc218 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud558\uba70, \uc774\ub294 \ubcf4\ud1b5 \uc2dc\uc7a5 \ubcc0\ub3d9\uc131(volatility: \uac00\uaca9\uc774 \ud06c\uac8c \ud754\ub4e4\ub9ac\ub294 \uc815\ub3c4)\uc744 \ub192\uc778\ub2e4. \uc6b0\ub9ac\ub294 EUR\/USD \uac19\uc740 \uc8fc\uc694 \ud1b5\ud654\uc30d(major pairs: \uac70\ub798\uac00 \uac00\uc7a5 \ub9ce\uace0 \uc601\ud5a5\uc774 \ud070 \ud1b5\ud654 \uc870\ud569)\uc5d0 \ub300\ud574 \uc635\uc158 \uc2a4\ud2b8\ub798\ub4e4(option straddle: \uac19\uc740 \ud589\uc0ac\uac00\uaca9\uc73c\ub85c \ucf5c\uc635\uc158\uacfc \ud48b\uc635\uc158\uc744 \ud568\uaed8 \uc0ac\uc11c, \uc704\ub4e0 \uc544\ub798\ub4e0 \ud070 \ubcc0\ub3d9\uc774 \ub098\uba74 \uc774\uc775\uc744 \ub178\ub9ac\ub294 \uc804\ub7b5)\uc744 \ub9e4\uc218\ud558\ub294 \ubc29\uc2dd\uc5d0\uc11c \uac00\uce58\ub97c \ubcf8\ub2e4.\n\n\ub2ec\ub7ec\uc5d0\uc11c \uc11c\uc11c\ud788 \uba40\uc5b4\uc9c0\ub294 \ud750\ub984\ub3c4 \uc694\uc778\uc774\ub2e4. 2025\ub144 \ub9d0 \uae30\uc900 \uc911\uc559\uc740\ud589 \uc678\ud658\ubcf4\uc720\uc561(central bank reserves: \uac01\uad6d \uc911\uc559\uc740\ud589\uc774 \uc548\uc804\uc790\uc0b0\uc73c\ub85c \ubcf4\uc720\ud558\ub294 \uc678\ud654\u00b7\uad6d\ucc44 \ub4f1) \ub370\uc774\ud130\uc5d0\uc11c \ub2ec\ub7ec\uc758 \uc138\uacc4 \ubcf4\uc720 \ube44\uc911\uc774 58.1%\ub85c \ub0b4\ub824\uac14\ub2e4\ub294 \uc810\uc774 \uc774\ub97c \ubcf4\uc5ec\uc900\ub2e4. \uc774\ub7f0 \uc7a5\uae30 \ud750\ub984\uc740 \ub2ec\ub7ec \uc57d\uc138\uc5d0\uc11c \uc774\uc775\uc744 \ubcf4\ub294 \uc790\uc0b0\uc744 \ubcf4\uc720\ud558\ub294 \ub17c\ub9ac\ub97c \ub4b7\ubc1b\uce68\ud55c\ub2e4. \uc6b0\ub9ac\ub294 \uc774\ub97c \uc2a4\uc704\uc2a4 \ud504\ub791(Swiss franc: \uc548\uc804\uc790\uc0b0\uc73c\ub85c \uc790\uc8fc \uc5b8\uae09\ub418\ub294 \uc2a4\uc704\uc2a4 \ud1b5\ud654) \uac19\uc740 \ub2e4\ub978 \ud1b5\ud654\ub97c \ub9e4\uc218(\ub871, long: \uac00\uaca9 \uc0c1\uc2b9\uc5d0 \ubca0\ud305)\ud558\ub294 \uc774\uc720\ub85c \ubcf4\uac70\ub098, \uc120\ubb3c(futures: \ubbf8\ub798 \uc77c\uc815 \uc2dc\uc810\uc5d0 \uc815\ud574\uc9c4 \uac00\uaca9\uc73c\ub85c \uc0ac\uace0\ud30c\ub294 \uacc4\uc57d)\uc744 \ud1b5\ud574 \uae08(gold)\uc5d0 \ud22c\uc790 \ub178\ucd9c\uc744 \ud655\ubcf4\ud558\ub294 \uadfc\uac70\ub85c \ubcf8\ub2e4.\n\n<!-- wp:paragraph-->\n<p><b>VT Markets \ub77c\uc774\ube0c \uacc4\uc815\uc744 \ub9cc\ub4e4\uace0 \uc9c0\uae08 \ubc14\ub85c <a href=\"https:\/\/www.vtmarkets.com\/kr\/trade-now\/\">\uac70\ub798<\/a>\ub97c \uc2dc\uc791\ud558\uc138\uc694.<\/b><\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>\ub2ec\ub7ec \uac15\uc138 \uc2dc\ub300 \ub05d? DBS\ub294 \uc5f0\uc900 \ub3c5\ub9bd\uc131 \ubd88\ud655\uc2e4, \ud0c8\ub2ec\ub7ec\ud654, \uc815\uce58 \ub9ac\uc2a4\ud06c\ub85c \ub2ec\ub7ec \uc804\ub9dd\uc744 \ud558\ud5a5. 2H26 \ub450 \ucc28\ub840 \uae08\ub9ac\uc778\ud558 \uc608\uc0c1 \uc18d \ubcc0\ub3d9\uc131 \ud655\ub300, \ub2ec\ub7ec \uc57d\uc138 \uc804\ub7b5\uc774 \ubd80\uc0c1. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":62,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-38343","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/38343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=38343"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/38343\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=38343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=38343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=38343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}