{"id":40881,"date":"2026-03-13T06:47:52","date_gmt":"2026-03-13T06:47:52","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%b6%84%ec%9f%81%ec%9d%b4-%ec%8b%9c%ec%9e%91%eb%90%9c-%ec%9d%b4%ed%9b%84-geoff-yu%eb%8a%94-%ed%97%a4%ec%a7%80-%ec%9e%ac%ec%a1%b0%ec%a0%95%ea%b3%bc-%ec%a4%91%ea%b5%ad-%ec%a6%9d%ec%8b%9c%ec%9d%98\/"},"modified":"2026-03-13T06:47:52","modified_gmt":"2026-03-13T06:47:52","slug":"%eb%b6%84%ec%9f%81%ec%9d%b4-%ec%8b%9c%ec%9e%91%eb%90%9c-%ec%9d%b4%ed%9b%84-geoff-yu%eb%8a%94-%ed%97%a4%ec%a7%80-%ec%9e%ac%ec%a1%b0%ec%a0%95%ea%b3%bc-%ec%a4%91%ea%b5%ad-%ec%a6%9d%ec%8b%9c%ec%9d%98","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%b6%84%ec%9f%81%ec%9d%b4-%ec%8b%9c%ec%9e%91%eb%90%9c-%ec%9d%b4%ed%9b%84-geoff-yu%eb%8a%94-%ed%97%a4%ec%a7%80-%ec%9e%ac%ec%a1%b0%ec%a0%95%ea%b3%bc-%ec%a4%91%ea%b5%ad-%ec%a6%9d%ec%8b%9c%ec%9d%98\/","title":{"rendered":"\ubd84\uc7c1\uc774 \uc2dc\uc791\ub41c \uc774\ud6c4 Geoff Yu\ub294 \ud5e4\uc9c0 \uc7ac\uc870\uc815\uacfc \uc911\uad6d \uc99d\uc2dc\uc758 \uacac\uc870\ud55c \ud750\ub984 \uc18d\uc5d0 \uc704\uc548\ud654 \uc218\uc694\uac00 \uac15\ud654\ub410\ub2e4\uace0 \uc9c0\uc801\ud588\ub2e4."},"content":{"rendered":"BNY\ub294 \ubd84\uc7c1\uc774 \uc2dc\uc791\ub41c \uc774\ud6c4 \uc911\uad6d \uc704\uc548\ud654(\uc704\uc548, CNY)\uc5d0 \ub300\ud55c \uc218\uc694\uac00 \ub298\uc5c8\ub2e4\uace0 \ubcf4\uace0\ud588\ub2e4. \uc774 \uc99d\uac00\ub294 \uc8fc\ub85c **\ud5e4\uc9c0(\uac00\uaca9\u00b7\ud658\uc728 \ubcc0\ub3d9 \uc704\ud5d8\uc744 \uc904\uc774\uae30 \uc704\ud55c \uac70\ub798)**\ub97c \ub418\ub3cc\ub9ac\ub294 \uc6c0\uc9c1\uc784(\ud5e4\uc9c0 \uccad\uc0b0) \ub54c\ubb38\uc774 \uc544\ub2c8\ub77c\uace0 \ud588\uace0, \uc8fc\uc2dd\uc744 \ud3ec\ud568\ud55c \uc911\uad6d \uc790\uc0b0\uc774 \ube44\uad50\uc801 \uc798 \ubc84\ud2f0\uace0 \uc788\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.\n\n\ud604\uc7ac \uc704\uc548\ud654 \ud5e4\uc9c0\ub294 **\ucd5c\uadfc 1\ub144 \uc774\ub3d9 \ud3c9\uade0(\ucd5c\uadfc 12\uac1c\uc6d4 \ud3c9\uade0\uc744 \uae30\uac04\ubcc4\ub85c \uacc4\uc18d \uac31\uc2e0\ud574 \ubcf4\ub294 \uac12)**\ubcf4\ub2e4 \uc57d 30% \ub0ae\ub2e4. BNY\ub294 \uc774\ub97c \uc774\uc804\uc5d0 \ucda9\ubd84\ud788 \ubcf4\uc720\ud558\uc9c0 \ubabb\ud588\ub358 **\ud3ec\uc9c0\uc158(\ubcf4\uc720 \uc911\uc778 \ud22c\uc790\u00b7\uac70\ub798 \uc0c1\ud0dc)**\uc774 \uc815\ub9ac\ub41c \uacb0\uacfc\ub85c \uc124\uba85\ud588\ub2e4.\n\n

Yuan Volatility Remains Contained<\/h3>\nBNY\ub294 \ub2f9\uad6d\uc758 **\ud658\uc728 \uad00\ub9ac(\uc815\ubd80\u00b7\uc911\uc559\uc740\ud589\uc774 \ud658\uc728 \uc6c0\uc9c1\uc784\uc744 \uc644\ud654\ud558\ub294 \uc870\uce58)**\ub85c \uc704\uc548\ud654\uc758 **\uc2e4\ud604 \ubcc0\ub3d9\uc131(\uacfc\uac70 \uac00\uaca9 \uc6c0\uc9c1\uc784\uc73c\ub85c \uacc4\uc0b0\ud55c \uc2e4\uc81c \ubcc0\ub3d9\uc131)**\uc774 \ub0ae\uac8c \uc720\uc9c0\ub420 \uac83\uc73c\ub85c \ubcf8\ub2e4. \ub610\ud55c \uc544\uc2dc\uc544\u00b7\ud0dc\ud3c9\uc591 \uc9c0\uc5ed\uc758 \ub2e8\uae30 **\uacbd\uc0c1\uc218\uc9c0 \ud751\uc790(\uc218\ucd9c \ub4f1\uc73c\ub85c \ud574\uc678\uc5d0\uc11c \ub4e4\uc5b4\uc628 \ub3c8\uc774 \ub098\uac04 \ub3c8\ubcf4\ub2e4 \ub9ce\uc740 \uc0c1\ud0dc)**\ub294 \uc5d0\ub108\uc9c0 **\uacf5\uae09 \ubcd1\ubaa9(\uacf5\uae09\uc774 \ub9c9\ud600 \ubd80\uc871\uc774 \uc0dd\uae30\ub294 \ud604\uc0c1)**\uc73c\ub85c \uc704\ud5d8\uc5d0 \ub178\ucd9c\ub3fc \uc788\uc9c0\ub9cc, \uc911\uad6d\uc740 \ubd81\uc544\uc2dc\uc544\u00b7\ub3d9\uc544\uc2dc\uc544\uc758 \ub2e4\ub978 \ub098\ub77c\ub4e4\ubcf4\ub2e4 \uc601\ud5a5\uc774 \uc791\ub2e4\uace0 \ud588\ub2e4.\n\n\uc2dc\uac04\uc774 \uc9c0\ub098\uba74 \uc2dc\uc7a5 \uc811\uadfc\uc774 \uc88b\uc544\uc9c0\uace0 \uc790\ubcf8\uc2dc\uc7a5 \uac1c\ud601\uc774 \uc774\uc5b4\uc9c8 \uacbd\uc6b0, \uc911\uad6d \ucc44\uad8c\uacfc \uc8fc\uc2dd\uc73c\ub85c \uc790\uae08\uc774 \uc870\uae08\uc529 \uc774\ub3d9\ud560 \uac83\uc73c\ub85c BNY\ub294 \uc608\uc0c1\ud588\ub2e4. \ub610 \uc678\uad6d\uc778\uc758 \uc911\uad6d \uc790\uc0b0 \ubcf4\uc720\ub294 \ubbf8\uad6d \uc790\uc0b0 \ubcf4\uc720\uc5d0 \ube44\ud574 \uc5ec\uc804\ud788 \uc791\uae30 \ub54c\ubb38\uc5d0, \uc911\uad6d\uc5d0 \ub300\ud55c \uad00\uc2ec\uc774 \ucee4\uc838\ub3c4 \uc804\uccb4 \ubbf8\uad6d \ud3ec\ud2b8\ud3f4\ub9ac\uc624 \ubc30\ubd84\uc744 \ud06c\uac8c \ubc14\uafb8\uc9c0\ub294 \uc54a\uc744 \uac83\uc774\ub77c\uace0 \ub367\ubd99\uc600\ub2e4.\n\n\uc6b0\ub9ac\ub294 \uc911\uad6d \uc704\uc548\ud654 \ub9e4\uc218\uac00 \uc608\uc0c1\ubcf4\ub2e4 \ud06c\uac8c \ub298\uc5b4\ub09c \uac83\uc744 \ud655\uc778\ud588\ub294\ub370, \uc774\ub294 \uacfc\uac70 \ud5e4\uc9c0\ub97c \uc815\ub9ac\ud55c \uac83\ub9cc\uc73c\ub85c\ub294 \uc124\uba85\ub418\uc9c0 \uc54a\ub294\ub2e4. **USD\/CNY(\ubbf8\uad6d \ub2ec\ub7ec \ub300\ube44 \uc911\uad6d \uc704\uc548 \ud658\uc728)**\uac00 7.20 \uc544\ub798\uc5d0\uc11c \uc548\uc815\uc801\uc73c\ub85c \uc720\uc9c0\ub418\ub294 \uc0c1\ud669\uc5d0\uc11c, 2025\ub144 \ub9d0\uc5d0 \uc313\uc774\ub358 **\ubbf8\ud5e4\uc9c0(\uc704\ud5d8\uc744 \ucda9\ubd84\ud788 \ub9c9\uc9c0 \uc54a\uc740 \uc0c1\ud0dc)** \ud3ec\uc9c0\uc158\uc774 \uc774\uc81c \uc815\ub9ac\ub41c \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4. \uc774\ub294 \uc55e\uc73c\ub85c \uc704\uc548\ud654\uc5d0 \uc9c0\uc9c0 \uc694\uc778\uc774 \ub41c\ub2e4.\n\n\ub2f9\uad6d\uc758 \uc704\uc548\ud654 \uad00\ub9ac\uac00 \uae09\uaca9\ud55c \uc6c0\uc9c1\uc784\uc744 \ub9c9\uc544, \ud604\uc7ac \uac19\uc740 \uae00\ub85c\ubc8c \ud658\uacbd\uce58\uace0 \ubcc0\ub3d9\uc131\uc774 \ub0ae\uac8c \uc720\uc9c0\ub418\uace0 \uc788\ub2e4. USD\/CNY\uc758 **1\uac1c\uc6d4 \ub0b4\uc7ac \ubcc0\ub3d9\uc131(\uc635\uc158 \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c \u2018\uc2dc\uc7a5 \uc608\uc0c1\u2019 \ubcc0\ub3d9\uc131)**\uc740 \ud604\uc7ac 4.8% \uadfc\ucc98\ub85c, \uc9c0\ub09c\ud574 \ub9d0 \uace0\uc810\uc5d0\uc11c \ud06c\uac8c \ub0b4\ub824\uc654\ub2e4. \uc774\ub7f0 \ud658\uacbd\uc5d0\uc11c\ub294 \uc548\uc815\uc774 \uc774\uc5b4\uc9c8 \uac83\uc774\ub77c\uace0 \ubcf4\ub294 \uac70\ub798\uc790\uc5d0\uac8c **\ubcc0\ub3d9\uc131 \ub9e4\ub3c4(\ubcc0\ub3d9\uc131\uc774 \ub0ae\uc744\uc218\ub85d \uc720\ub9ac\ud55c \uac70\ub798)**\uac00 \ub9e4\ub825\uc801\uc77c \uc218 \uc788\ub2e4. \uc608\ub97c \ub4e4\uc5b4 **\uc20f \uc2a4\ud2b8\ub7ad\uae00(short strangle, \uac19\uc740 \ub9cc\uae30\uc758 \ucf5c\uc635\uc158\uacfc \ud48b\uc635\uc158\uc744 \ubaa8\ub450 \ub9e4\ub3c4\ud574 \uac00\uaca9\uc774 \uc77c\uc815 \ubc94\uc704\uc5d0 \uba38\ubb3c\uba74 \uc218\uc775\uc774 \ub098\ub294 \uc804\ub7b5)** \uac19\uc740 \ubc29\uc2dd\uc774 \uc788\ub2e4.\n\n

Capital Flows Support The Yuan<\/h3>\n\ub610\ud55c \uc911\uad6d \uc790\uc0b0\uc73c\ub85c \uc790\uae08\uc774 \ucc9c\ucc9c\ud788 \ub4e4\uc5b4\uc624\ub294 \ud750\ub984\uc774 \ubcf4\uc774\uba70, \uc9c0\ub09c\ub2ec \uc911\uad6d \ucc44\uad8c\uc2dc\uc7a5\uc73c\ub85c \ub4e4\uc5b4\uc628 \uc57d 120\uc5b5 \ub2ec\ub7ec\uac00 \uc774\ub97c \ubcf4\uc5ec\uc900\ub2e4. \uc774\ub7f0 **\ud3ec\ud2b8\ud3f4\ub9ac\uc624 \ubc30\ubd84(\uc790\uc0b0\uc744 \ub098\ub220 \ud22c\uc790\ud558\ub294 \ube44\uc911)**\uc740 \uc5ec\uc804\ud788 \ubbf8\uad6d \uc790\uc0b0 \ubcf4\uc720\uc5d0 \ube44\ud574 \uc791\uc9c0\ub9cc, \uc704\uc548\ud654\uc5d0 \uafb8\uc900\ud55c \uc218\uc694\ub97c \ub9cc\ub4e0\ub2e4. \uc774\ub294 \ud1b5\ud654\uac00 \uc548\uc815\uc801\uc774\uac70\ub098 \uc644\ub9cc\ud788 \uac15\ud574\uc9c8 \ub54c \uc720\ub9ac\ud55c \ud3ec\uc9c0\uc158\uc5d0 \ud798\uc744 \uc2e4\uc5b4\uc900\ub2e4.\n\n2025\ub144 \ub9d0\ub85c \ub3cc\uc544\uac00\uba74, \ub9ce\uc740 \uc2dc\uc7a5 \ucc38\uc5ec\uc790\ub294 \uae00\ub85c\ubc8c \ubb34\uc5ed \ubd88\uc548 \ub54c\ubb38\uc5d0 \uc704\uc548\ud654 \uc57d\uc138\uc5d0 \ubca0\ud305\ud558\uace0 \uc788\uc5c8\ub2e4. \ud5e4\uc9c0 \uc218\uc900\uc774 1\ub144 \ud3c9\uade0\ubcf4\ub2e4 \ud6e8\uc52c \ub0ae\uc740 \ub9cc\ud07c \uae30\uc5c5\uacfc \ud22c\uc790\uc790\uac00 \uc704\uc548\ud654 \ubcf4\uc720\ub97c \ub298\ub9b4 \uc5ec\uc9c0\uac00 \ud06c\ub2e4. \uc774\ub294 \uc704\uc548\ud654 **\ucf5c\uc635\uc158(call option, \uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \uc0b4 \uc218 \uc788\ub294 \uad8c\ub9ac)** \ub9e4\uc218\uac00 \ud5e4\uc9c0 \ud655\ub300\uc5d0 \ub530\ub978 \uc6c0\uc9c1\uc784\uc5d0 \ub300\ube44\ud558\ub294 \ube44\uad50\uc801 \ube44\uc6a9\uc774 \ub0ae\uc740 \ubc29\ubc95\uc774 \ub420 \uc218 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud55c\ub2e4.\n\n\uc9c0\ub09c\ud574 \ubd81\uc544\uc2dc\uc544\u00b7\ub3d9\uc544\uc2dc\uc544 \uc8fc\ubcc0\uad6d\uc5d0 \uc601\ud5a5\uc744 \uc900 \uc5d0\ub108\uc9c0 \uacf5\uae09 \ubcd1\ubaa9\uc5d0\uc11c \uc911\uad6d\uc774 \ube44\uad50\uc801 \ub35c \uc601\ud5a5\uc744 \ubc1b\uc740 \uc810\uc740 \uc5ec\uc804\ud788 \uae0d\uc815\uc801 \uc694\uc778\uc774\ub2e4. \ucd5c\uadfc **\ucc28\uc774\uc2e0 \uc81c\uc870\uc5c5 PMI(\uad6c\ub9e4\uad00\ub9ac\uc790\uc9c0\uc218, \uae30\uc5c5 \uc124\ubb38\uc73c\ub85c \uacbd\uae30 \ud655\uc7a5\u00b7\uc704\ucd95\uc744 \uac00\ub2a0\ud558\ub294 \uc9c0\ud45c)**\uac00 \uc18c\ud3ed \ud655\uc7a5\uc744 \ubcf4\uc5ec\uc900 \uac83\ub3c4 \uc774\ub7f0 \ud68c\ubcf5\ub825\uc744 \ub4b7\ubc1b\uce68\ud55c\ub2e4. **\ud30c\uc0dd\uc0c1\ud488(\uae30\ucd08\uc790\uc0b0 \uac00\uaca9\uc5d0 \ub530\ub77c \uac00\uce58\uac00 \ubc14\ub00c\ub294 \uae08\uc735\uc0c1\ud488)** \uac70\ub798\uc790\uc5d0\uac8c\ub294, \uc704\uc548\ud654 \ub9e4\uc218 \ud3ec\uc9c0\uc158\uc774 \ub2e4\ub978 \uc544\uc2dc\uc544 \ud1b5\ud654\uac00 \ub2e4\uc2dc \uc57d\ud574\uc9c8 \ub54c\ub97c \ub300\ube44\ud558\ub294 **\ud5e4\uc9c0(\uc704\ud5d8 \uc644\ud654 \uc218\ub2e8)**\uac00 \ub420 \uc218 \uc788\ub2e4.\n\n\n

VT Markets \ub77c\uc774\ube0c \uacc4\uc815\uc744 \ub9cc\ub4e4\uace0 \uc9c0\uae08 \ubc14\ub85c \uac70\ub798<\/a>\ub97c \uc2dc\uc791\ud558\uc138\uc694.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

\ubd84\uc7c1 \uc774\ud6c4 \uc704\uc548\ud654 \ub9e4\uc218 \uae09\uc99d\u2014\ud5e4\uc9c0 \uccad\uc0b0\ub9cc\uc774 \uc544\ub2c8\ub2e4. \ubcc0\ub3d9\uc131\uc740 \ub2f9\uad6d \uad00\ub9ac\ub85c \ub0ae\uace0, \ud5e4\uc9c0\ub294 1\ub144 \ud3c9\uade0 \ub300\ube44 30% \ub0ae\ub2e4. \uc911\uad6d \uc790\uc0b0 \uc720\uc785\u00b7\ud68c\ubcf5\ub825\uc73c\ub85c \uc704\uc548\ud654 \uc9c0\uc9c0, \uc810\uc9c4\uc801 \uc7ac\ubc30\ubd84 \uae30\ub300. – vtmarkets.com<\/p>\n","protected":false},"author":103,"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-40881","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\/40881","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\/103"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=40881"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/40881\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=40881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=40881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=40881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}