{"id":39117,"date":"2026-02-25T19:34:08","date_gmt":"2026-02-25T19:34:08","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%8d%94-%ea%b0%95%ec%84%b8%eb%a5%bc-%eb%b3%b4%ec%9d%b8-%eb%af%b8-%eb%8b%ac%eb%9f%ac%ec%97%90-%ed%9e%98%ec%9e%85%ec%96%b4-usd-chf%eb%8a%94-%ec%97%b0%ec%a4%80%ec%9d%98-%ea%b8%b0%ec%a1%b0-%eb%b3%80\/"},"modified":"2026-02-25T19:34:08","modified_gmt":"2026-02-25T19:34:08","slug":"%eb%8d%94-%ea%b0%95%ec%84%b8%eb%a5%bc-%eb%b3%b4%ec%9d%b8-%eb%af%b8-%eb%8b%ac%eb%9f%ac%ec%97%90-%ed%9e%98%ec%9e%85%ec%96%b4-usd-chf%eb%8a%94-%ec%97%b0%ec%a4%80%ec%9d%98-%ea%b8%b0%ec%a1%b0-%eb%b3%80","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%8d%94-%ea%b0%95%ec%84%b8%eb%a5%bc-%eb%b3%b4%ec%9d%b8-%eb%af%b8-%eb%8b%ac%eb%9f%ac%ec%97%90-%ed%9e%98%ec%9e%85%ec%96%b4-usd-chf%eb%8a%94-%ec%97%b0%ec%a4%80%ec%9d%98-%ea%b8%b0%ec%a1%b0-%eb%b3%80\/","title":{"rendered":"\ub354 \uac15\uc138\ub97c \ubcf4\uc778 \ubbf8 \ub2ec\ub7ec\uc5d0 \ud798\uc785\uc5b4 USD\/CHF\ub294 \uc5f0\uc900\uc758 \uae30\uc870 \ubcc0\ud654 \uc18d 0.7719\uc5d0\uc11c \ubc18\ub4f1\ud55c \ub4a4 0.7746\uc73c\ub85c \uc0c1\uc2b9\ud588\uc2b5\ub2c8\ub2e4."},"content":{"rendered":"USD\/CHF\ub294 \uc218\uc694\uc77c \ubbf8\uad6d \ub2ec\ub7ec\uac00 \uac15\uc138\ub97c \ubcf4\uc774\uba74\uc11c \uc0c1\uc2b9\ud588\uace0, \uadf8 \uc601\ud5a5\uc73c\ub85c \uc2a4\uc704\uc2a4 \ud504\ub791\uc5d0\ub294 \ud558\ub77d \uc555\ub825\uc744 \ubc1b\uc558\uc2b5\ub2c8\ub2e4. \uc774 \ud1b5\ud654\uc30d\uc740 \uc7a5\uc911 \uc800\uc810 0.7719\uc5d0\uc11c \uc624\ub978 \ub4a4 0.7746 \ubd80\uadfc\uc5d0\uc11c \uac70\ub798\ub410\uc2b5\ub2c8\ub2e4.\n\n\ud2b8\ub808\uc774\ub354\ub4e4\uc740 \uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00 \uc0c1\uc2b9)\uc774 \uacc4\uc18d\ub420 \uc218 \uc788\ub2e4\ub294 \uc6b0\ub824 \ub54c\ubb38\uc5d0, \uac00\uae4c\uc6b4 \uc2dc\uc77c \uc548\uc5d0 \ubbf8\uad6d \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed, \ubbf8\uad6d \uc911\uc559\uc740\ud589)\uac00 \uae08\ub9ac\ub97c \uc778\ud558\ud560 \uac83\uc774\ub77c\ub294 \uae30\ub300\ub97c \ub0ae\ucdc4\uc2b5\ub2c8\ub2e4. \uc2dc\uce74\uace0 \uc5f0\uc740 \ucd1d\uc7ac \uc624\uc2a4\ud134 \uad74\uc2a4\ube44\ub294 \ubb3c\uac00\uac00 2% \ubaa9\ud45c\ub85c \ud655\uc2e4\ud788 \ub3cc\uc544\uac04\ub2e4\ub294 \ub69c\ub837\ud55c \uc99d\uac70\uac00 \ub098\uc624\uae30 \uc804\uc5d0\ub294 \uc11c\ub458\ub7ec \uae08\ub9ac\ub97c \ub0b4\ub9ac\ub294 \ub370 \uc2e0\uc911\ud558\ub2e4\uace0 \ub9d0\ud588\uc2b5\ub2c8\ub2e4.\n\n<h3>\uc5f0\uc900 \uc815\ucc45 \uc804\ub9dd<\/h3>\n\uc2dc\uc7a5\uc740 \uc5f0\uc900\uc774 3\uc6d4\uacfc 4\uc6d4 \ud68c\uc758\uc5d0\uc11c\ub294 \uae08\ub9ac\ub97c \ub3d9\uacb0(\ubcc0\uacbd \uc5c6\uc774 \uc720\uc9c0)\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ud558\uace0 \uc788\uc73c\uba70, \uc62c\ud574 \ub9d0\uae4c\uc9c0\ub294 \uac70\uc758 50bp(\ubca0\uc774\uc2dc\uc2a4\ud3ec\uc778\ud2b8, \uae08\ub9ac 0.01%\ud3ec\uc778\ud2b8) \uc815\ub3c4 \uc778\ud558\uac00 \uc788\uc744 \uac83\uc73c\ub85c \ubc18\uc601\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. CME FedWatch(\uae08\ub9ac \uc120\ubb3c \uac00\uaca9\uc744 \ubc14\ud0d5\uc73c\ub85c \uc5f0\uc900\uc758 \uae08\ub9ac \uacb0\uc815 \ud655\ub960\uc744 \ucd94\uc815\ud558\ub294 \uc9c0\ud45c)\uc5d0 \ub530\ub974\uba74 6\uc6d4 \uc778\ud558 \ud655\ub960\uc740 \uc57d 40%\ub85c, \uc77c\uc8fc\uc77c \uc804 \uc57d 50%\uc5d0\uc11c \ub0b4\ub824\uc654\uace0, 7\uc6d4\uc740 \uc57d 65%\ub85c \ubc18\uc601\ub3fc \uc788\uc2b5\ub2c8\ub2e4.\n\n\uc2a4\uc704\uc2a4\uc5d0\uc11c\ub294 ZEW \uc124\ubb38\u2013\uae30\ub300\uc9c0\uc218(\uc804\ubb38\uac00\u00b7\uae30\uad00\uc758 \uacbd\uae30 \uc804\ub9dd\uc744 \uc218\uce58\ub85c \ubcf4\uc5ec\uc8fc\ub294 \uc870\uc0ac)\uac00 2\uc6d4\uc5d0 \uc804\uc6d4 -4.7\uc5d0\uc11c 9.8\ub85c \uc0c1\uc2b9\ud588\uc2b5\ub2c8\ub2e4. \uc2a4\uc704\uc2a4\uad6d\ub9bd\uc740\ud589(SNB, \uc2a4\uc704\uc2a4 \uc911\uc559\uc740\ud589) \ucd1d\uc7ac \ub9c8\ub974\ud2f4 \uc290\ub808\uac94\uc740 \uba87 \ub2ec \ub3d9\uc548 \ub9c8\uc774\ub108\uc2a4 \uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00\uac00 \uc624\ud788\ub824 \ub0b4\ub824\uac00\ub294 \uc0c1\ud0dc)\uc774 \ub098\ud0c0\ub0a0 \uac00\ub2a5\uc131\uc774 \uc788\ub2e4\uace0 \ud588\uace0, \ud5a5\ud6c4 \ubd84\uae30\uc5d0\ub294 \ubb3c\uac00\uac00 \uc624\ub97c \uac83\uc73c\ub85c \ubcf8\ub2e4\uace0 \ub9d0\ud588\uc2b5\ub2c8\ub2e4. \ub610\ud55c SNB\ub294 \uc678\ud658\uc2dc\uc7a5(\ud1b5\ud654\uac00 \uac70\ub798\ub418\ub294 \uc2dc\uc7a5)\uc5d0 \uac1c\uc785\ud560 \uc900\ube44\uac00 \ub3fc \uc788\ub2e4\uace0 \ub367\ubd99\uc600\uc2b5\ub2c8\ub2e4.\n\n\uc218\uc694\uc77c\uc5d0\ub294 \uc911\uc694\ud55c \ubbf8\uad6d \uacbd\uc81c\uc9c0\ud45c \ubc1c\ud45c\uac00 \uc5c6\uc73c\uba70, \uc2dc\uc7a5\uc758 \uad00\uc2ec\uc740 \uc774\ub0a0 \ub2a6\uac8c \ub098\uc62c \uc5f0\uc900 \uc778\uc0ac\ub4e4\uc758 \ubc1c\uc5b8\uc73c\ub85c \uc3e0\ub824 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ud6c4 \uae08\uc694\uc77c \ubc1c\ud45c\ub418\ub294 \ubbf8\uad6d PPI(\uc0dd\uc0b0\uc790\ubb3c\uac00\uc9c0\uc218, \uae30\uc5c5\uc774 \ubb3c\uac74\uc744 \ud314 \ub54c \ubc1b\ub294 \uac00\uaca9\uc758 \ubcc0\ud654\ub97c \ubcf4\uc5ec \ubb3c\uac00 \ud750\ub984\uc744 \ubbf8\ub9ac \uac00\ub2a0\ud558\ub294 \uc9c0\ud45c)\uc640 \uc2a4\uc704\uc2a4 4\ubd84\uae30 GDP(\uad6d\ub0b4\ucd1d\uc0dd\uc0b0, \ud55c \ub098\ub77c\uac00 \uc77c\uc815 \uae30\uac04 \uc0dd\uc0b0\ud55c \uc7ac\ud654\u00b7\uc11c\ube44\uc2a4\uc758 \ucd1d\uac00\uce58) \ubcf4\uace0\uc11c\ub85c \uad00\uc2ec\uc774 \uc62e\uaca8\uac11\ub2c8\ub2e4.\n\n<h3>\uc815\ucc45 \ucc28\uc774\uc640 \uc2dc\uc7a5 \uc601\ud5a5<\/h3>\n2025\ub144 \ucd08 \uc5f0\uc900 \uc778\uc0ac\ub4e4\uc774 \uc5b8\uae09\ud588\ub358 \u2018\uc798 \ub0b4\ub824\uc624\uc9c0 \uc54a\ub294 \uc778\ud50c\ub808\uc774\uc158(\ub048\uc801\ud55c \ubb3c\uac00 \uc0c1\uc2b9)\u2019\uc5d0 \ub300\ud55c \uc6b0\ub824\ub294 \uacb0\uacfc\uc801\uc73c\ub85c \ub9de\uc544\ub5a8\uc5b4\uc84c\uace0, \uadfc\uc6d0 \uc778\ud50c\ub808\uc774\uc158(\ubcc0\ub3d9\uc774 \ud070 \uc2dd\ud488\u00b7\uc5d0\ub108\uc9c0\ub97c \uc81c\uc678\ud55c \ubb3c\uac00)\uc774 \ubaa9\ud45c \uc218\uc900 \uc704\uc5d0\uc11c \uacc4\uc18d \ub192\uac8c \uc720\uc9c0\ub3fc \uc654\uc2b5\ub2c8\ub2e4. \uac00\uc7a5 \ucd5c\uadfc\uc778 2026\ub144 1\uc6d4 CPI(\uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218, \uc18c\ube44\uc790\uac00 \uc2e4\uc81c\ub85c \uc0ac\ub294 \ubb3c\uac74\u00b7\uc11c\ube44\uc2a4 \uac00\uaca9\uc758 \ud3c9\uade0 \ubcc0\ud654)\ub294 \uc804\ub144 \ub300\ube44 2.9% \uc0c1\uc2b9\uc744 \ubcf4\uc5ec\uc92c\uace0, \uc774\uc5d0 \ub530\ub77c \uc5f0\uc900\uc740 \ub2f9\ubd84\uac04 \uc815\ucc45\uae08\ub9ac\ub97c 4.75~5.00% \ubc94\uc704\ub85c \uc720\uc9c0\ud560 \uac83\uc774\ub77c\ub294 \uc608\uc0c1\uc774 \ucee4\uc84c\uc2b5\ub2c8\ub2e4. \uc774\ub294 1\ub144 \uc804 \uc2dc\uc7a5\uc774 \ud070 \ud3ed\uc758 \uc644\ud654\ub97c \ubc18\uc601\ud588\ub358 \uac83\uacfc\ub294 \ud06c\uac8c \ub2e4\ub985\ub2c8\ub2e4.\n\n\ubc18\uba74 SNB\ub294 \uc791\ub144\uc5d0 \u201c\ub9c8\uc774\ub108\uc2a4 \uc778\ud50c\ub808\uc774\uc158\uc774 \uac00\ub2a5\ud558\ub2e4\u201d\ub294 \uc5b8\uae09 \uc774\ud6c4, \ub514\ud50c\ub808\uc774\uc158(\ubb3c\uac00\uac00 \uacc4\uc18d \ub0b4\ub824\uac00 \uc18c\ube44\u00b7\ud22c\uc790\uac00 \uc704\ucd95\ub420 \uc218 \uc788\ub294 \uc0c1\ud0dc)\uc73c\ub85c \uc774\uc5b4\uc9c0\ub294 \ud750\ub984\uc744 \ub9c9\uae30 \uc704\ud55c \ub300\uc751\uc744 \uac15\uc870\ud574 \uc654\uc2b5\ub2c8\ub2e4. \ud604\uc7ac \uc2a4\uc704\uc2a4 \uc778\ud50c\ub808\uc774\uc158\uc740 1.3%\ub85c \ub0ae\uc740 \ud3b8\uc774\uc5b4\uc11c, \uc911\uc559\uc740\ud589\uc774 \ud604\uc7ac 1.00%\uc778 \uc815\ucc45\uae08\ub9ac\ub97c \ub418\ub3cc\ub9b4(\ub2e4\uc2dc \uc62c\ub9b4) \uc774\uc720\uac00 \ud06c\uc9c0 \uc54a\uc2b5\ub2c8\ub2e4. \uc791\ub144\uc5d0 \uc5b8\uae09\ub410\ub358 SNB\uc758 \uc678\ud658\uc2dc\uc7a5 \uac1c\uc785 \uc758\uc9c0\ub294 \uc5ec\uc804\ud788 \ud504\ub791 \uac15\uc138\ub97c \uc81c\ud55c\ud558\ub294(\ud504\ub791\uc774 \ub108\ubb34 \uac15\ud574\uc9c0\ub294 \uac83\uc744 \ub9c9\ub294) \uc911\uc694\ud55c \uc694\uc778\uc785\ub2c8\ub2e4.\n\n\ud30c\uc0dd\uc0c1\ud488(\uae30\ucd08\uc790\uc0b0 \uac00\uaca9\uc5d0 \ub530\ub77c \uac00\uce58\uac00 \ubcc0\ud558\ub294 \uacc4\uc57d, \uc608: \uc635\uc158\u00b7\uc120\ubb3c) \ud2b8\ub808\uc774\ub354\uc5d0\uac8c\ub294 \uc774\ub7f0 \ud658\uacbd\uc774 \ub2e8\uc21c\ud788 positive carry(\uce90\ub9ac \uc218\uc775, \uae08\ub9ac\uac00 \ub192\uc740 \ud1b5\ud654\ub97c \ubcf4\uc720\ud574 \uae08\ub9ac \ucc28\uc774\uc5d0\uc11c \uc5bb\ub294 \uc774\uc775) \ub54c\ubb38\uc5d0 USD\/CHF \ub9e4\uc218 \ud3ec\uc9c0\uc158(\uac00\uaca9 \uc0c1\uc2b9\uc5d0 \ubca0\ud305)\uc774 \ub9e4\ub825\uc801\uc77c \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub97c \ud65c\uc6a9\ud558\ub294 \ubc29\ubc95\uc73c\ub85c, \uc678\uac00\uaca9(out-of-the-money, \ud604\uc7ac \uac00\uaca9 \uae30\uc900\uc73c\ub85c \ub2f9\uc7a5 \ud589\uc0ac\ud558\uba74 \uc774\ub4dd\uc774 \uc5c6\ub294 \uc218\uc900)\uc758 CHF \ucf5c\uc635\uc158(\ud504\ub791\uc744 \uc0b4 \uad8c\ub9ac) \ub9e4\ub3c4(USD\/CHF \ud48b\uc635\uc158\uacfc \uac19\uc740 \uc131\uaca9)\ub97c \ud1b5\ud574 \ud504\ub9ac\ubbf8\uc5c4(\uc635\uc158 \uacc4\uc57d\uc758 \uac00\uaca9, \uc635\uc158\uc744 \ud314 \ub54c \ubc1b\ub294 \ub3c8)\uc744 \ubc1b\ub294 \uc804\ub7b5\uc744 \uace0\ub824\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. 2025\ub144\uc5d0 \uc6b0\ub824\ud588\ub358 \ubbf8\uad6d \ubb34\uc5ed\uc815\ucc45 \uad00\ub828 \u2018\uad6c\uc870\uc801 \ubd80\ub2f4(\uc7a5\uae30\uc801\uc73c\ub85c \ubd88\ub9ac\ud558\uac8c \uc791\uc6a9\ud558\ub294 \uc694\uc778)\u2019\uc740 \uad00\uc138 \ud611\uc0c1\uc774 \uacc4\uc18d\ub418\uba74\uc11c \ubcc0\ub3d9\uc131(\uac00\uaca9\uc774 \ud06c\uac8c \ud754\ub4e4\ub9ac\ub294 \uc815\ub3c4)\uc744 \ud0a4\uc6b0\ub294 \ud615\ud0dc\ub85c \ub098\ud0c0\ub0ac\uace0, \uadf8 \uacb0\uacfc \ud504\ub9ac\ubbf8\uc5c4\uc744 \ubc1b\ub294(\uc635\uc158\uc744 \ud314\uc544 \uc218\uc775\uc744 \ub178\ub9ac\ub294) \uc804\ub7b5\uc774 \ub354 \ub9e4\ub825\uc801\uc73c\ub85c \ubcf4\uc77c \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">VT Markets \ub77c\uc774\ube0c \uacc4\uc815 \ub9cc\ub4e4\uae30<\/a>\u00a0\uadf8\ub9ac\uace0\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">\uc9c0\uae08 \uac70\ub798 \uc2dc\uc791\ud558\uae30<\/a>. <\/b>\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, USD\/CHF \uc65c \ub2e4\uc2dc \ub728\ub098? \uc778\ud50c\ub808 \uc6b0\ub824\ub85c Fed \uae08\ub9ac\uc778\ud558 \uae30\ub300\uac00 \ud6c4\ud1f4\ud558\uba70 0.7746\uae4c\uc9c0 \uc0c1\uc2b9. SNB\ub294 \ub0ae\uc740 \ubb3c\uac00\u00b7\uac1c\uc785 \uc758\uc9c0, \uae08\ub9ac\ucc28 \ud655\ub300\uac00 \ub2ec\ub7ec \ub9e4\uc218\u00b7\uce90\ub9ac\u00b7\uc635\uc158 \ud504\ub9ac\ubbf8\uc5c4 \uc804\ub7b5\uc744 \uc9c0\uc9c0. &#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-39117","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\/39117","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=39117"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/39117\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=39117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=39117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=39117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}