{"id":46207,"date":"2026-05-05T14:54:33","date_gmt":"2026-05-05T14:54:33","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%a7%a4%ed%8c%8c%ec%a0%81-%ec%97%b0%ec%a4%80-%ea%b8%b0%eb%8c%80%ec%99%80-%ec%9c%a0%ea%b0%80-%ec%83%81%ec%8a%b9%c2%b7%ea%b1%b8%ed%94%84-%ea%b8%b4%ec%9e%a5-%ea%b3%a0%ec%a1%b0%eb%a1%9c-%eb%8b%a8\/"},"modified":"2026-05-05T14:54:33","modified_gmt":"2026-05-05T14:54:33","slug":"%eb%a7%a4%ed%8c%8c%ec%a0%81-%ec%97%b0%ec%a4%80-%ea%b8%b0%eb%8c%80%ec%99%80-%ec%9c%a0%ea%b0%80-%ec%83%81%ec%8a%b9%c2%b7%ea%b1%b8%ed%94%84-%ea%b8%b4%ec%9e%a5-%ea%b3%a0%ec%a1%b0%eb%a1%9c-%eb%8b%a8","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%a7%a4%ed%8c%8c%ec%a0%81-%ec%97%b0%ec%a4%80-%ea%b8%b0%eb%8c%80%ec%99%80-%ec%9c%a0%ea%b0%80-%ec%83%81%ec%8a%b9%c2%b7%ea%b1%b8%ed%94%84-%ea%b8%b4%ec%9e%a5-%ea%b3%a0%ec%a1%b0%eb%a1%9c-%eb%8b%a8\/","title":{"rendered":"\ub9e4\ud30c\uc801 \uc5f0\uc900 \uae30\ub300\uc640 \uc720\uac00 \uc0c1\uc2b9\u00b7\uac78\ud504 \uae34\uc7a5 \uace0\uc870\ub85c \ub2e8\uae30\uae08\ub9ac \uc9c0\uc9c0\u2026\ub2ec\ub7ec \uac15\uc138\uc5d0 DXY \uc0c1\uc2b9"},"content":{"rendered":"

\ubbf8 \ub2ec\ub7ec\ud654\ub294 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed\u00b7\uc911\uc559\uc740\ud589)\uc758 \ub9e4\ud30c\uc801(\uae08\ub9ac \uc778\uc0c1\uc5d0 \uc801\uadf9\uc801\uc778) \uae30\uc870\uc5d0 \ud798\uc785\uc5b4 \uc9c0\uc9c0\ub97c \ubc1b\uace0 \uc788\ub2e4. \uc2dc\uc7a5\uc740 2026\ub144\uc5d0 \ucd94\uac00 \uae34\ucd95(\uae08\ub9ac \uc778\uc0c1 \ub610\ub294 \uc778\uc0c1 \uc720\uc9c0)\uc744 \uc18c\ud3ed \ubc18\uc601\ud558\uace0 \uc788\ub2e4. \uc720\uac00 \uae09\ub4f1\uacfc \uac78\ud504 \uc9c0\uc5ed \uae34\uc7a5\ub3c4 \ub2e8\uae30 \ubbf8 \uae08\ub9ac(\ub9cc\uae30\uac00 \uc9e7\uc740 \ucc44\uad8c\uc5d0\uc11c \ud615\uc131\ub418\ub294 \uae08\ub9ac)\ub97c \ub04c\uc5b4\uc62c\ub9ac\uba70 \ub2ec\ub7ec \uac15\uc138 \uc694\uc778\uc73c\ub85c \uc791\uc6a9\ud55c\ub2e4.<\/p>\n

\ub9e4\ud30c\uc801 FOMC(\uc5f0\ubc29\uacf5\uac1c\uc2dc\uc7a5\uc704\uc6d0\ud68c\u00b7Fed\uc758 \uae08\ub9ac \uacb0\uc815 \ud68c\uc758) \uc774\ud6c4 \uc5d0\ub108\uc9c0 \uac00\uaca9\uc774 \uacac\uc870\ud558\uac8c \uc720\uc9c0\ub418\uba74\uc11c, \uc2dc\uc7a5\uc740 \uc62c\ud574 Fed\uc758 \ucd94\uac00 \uae34\ucd95 \ud3ed\uc744 6~7bp(\ubca0\uc774\uc2dc\uc2a4\ud3ec\uc778\ud2b8\u00b70.01%\ud3ec\uc778\ud2b8)\ub85c \ubc18\uc601\ud588\ub2e4. \uc774\uc5d0 \ub530\ub77c \ub17c\uc810\uc740 \u2018\uc644\ud654(\uae08\ub9ac \uc778\ud558) \uc9c0\uc5f0\u2019\uc5d0\uc11c \u2018\uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00 \uc0c1\uc2b9) \ucda9\uaca9 \ubc1c\uc0dd \uc2dc \ub354 \uac15\ud55c \uae34\ucd95 \uac00\ub2a5\uc131\u2019\uc73c\ub85c \uc62e\uaca8\uac00\uace0 \uc788\ub2e4.<\/p>\n

Key Near Term Data Focus<\/h3>\n

\ub2e8\uae30\uc801\uc73c\ub85c\ub294 \ubbf8\uad6d \uace0\uc6a9 \uc9c0\ud45c\uc5d0 \uc2dc\uc120\uc774 \uc3e0\ub9b0\ub2e4. JOLTS(\uad6c\uc778\u00b7\uc774\uc9c1 \ubcf4\uace0\uc11c), ADP(\ubbfc\uac04 \uace0\uc6a9 \ucd94\uc815\uce58)\uc640 \ud568\uaed8, \uae08\uc694\uc77c \ubc1c\ud45c\ub418\ub294 4\uc6d4 \ube44\ub18d\uc5c5\ubd80\ubb38 \uace0\uc6a9(NFP\u00b7\ub18d\uc5c5\uc744 \uc81c\uc678\ud55c \uc2e0\uaddc \uace0\uc6a9\uc790 \uc218)\uc774 \ud575\uc2ec\uc774\ub2e4. \ucd5c\uadfc \uace0\uc6a9 \uc9c0\ud45c \ubcc0\ub3d9\uc131\uc774 \ucef8\uace0, \ub178\ub3d9\uacf5\uae09(\uc77c\ud560 \uc218 \uc788\ub294 \uc778\uad6c)\uc774 \uc815\uccb4\ub420 \uc218 \uc788\ub2e4\ub294 \uad00\uce21\ub3c4 \uc788\uc5b4 NFP\uac00 \uc608\uc0c1\ubcf4\ub2e4 \uc57d\ud558\ub354\ub77c\ub3c4 \uae08\ub9ac \uae30\ub300\ub97c \ud06c\uac8c \ubc14\uafb8\uc9c0 \ubabb\ud560 \uc218 \uc788\ub2e4.<\/p>\n

\uc2dc\uc7a5\uc5d0\uc11c\ub294 ISM(\ubbf8 \uacf5\uae09\uad00\ub9ac\ud611\ud68c) 4\uc6d4 \uc11c\ube44\uc2a4\uc5c5 \ubcf4\uace0\uc11c\ub3c4 \uc8fc\uc2dc\ud558\uace0 \uc788\uc73c\uba70, \ud2b9\ud788 \ud310\ub9e4\uac00\uaca9 \uc804\ub9dd(\uae30\uc5c5\uc774 \uac00\uaca9\uc744 \uc62c\ub9b4\uc9c0\uc5d0 \ub300\ud55c \uc124\ubb38 \uacb0\uacfc)\uc5d0 \uad00\uc2ec\uc774 \uc9d1\uc911\ub41c\ub2e4. \uc2dc\uc7a5 \uae30\ubc18 \uae30\ub300\uc778\ud50c\ub808\uc774\uc158(\ucc44\uad8c\u00b7\ud30c\uc0dd\uc0c1\ud488 \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c \ubbf8\ub798 \ubb3c\uac00 \uc804\ub9dd)\uc774 \uc0c1\uc2b9\ud558\uace0 \uc788\uc5b4, Fed\uac00 \ubb3c\uac00 \uc548\uc815\uc5d0 \ub354 \uc9d1\uc911\ud560 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4.<\/p>\n

\uac78\ud504 \uc9c0\uc5ed\uc5d0\uc11c \uc9c0\uc18d \uac00\ub2a5\ud55c \ud3c9\ud654\ub85c \uc774\uc5b4\uc9c0\ub294 \ub69c\ub837\ud55c \uc9c4\uc804\uc774 \uc5c6\ub2e4\uba74, \ub192\uc740 \uc720\uac00\uac00 \ub2e8\uae30 \ubbf8 \uae08\ub9ac\ub97c \ub192\uc740 \uc218\uc900\uc5d0 \ubb36\uc5b4\ub458 \uc218 \uc788\ub2e4. \ub2ec\ub7ec\uc9c0\uc218 DXY(\uc8fc\uc694 6\uac1c \ud1b5\ud654 \ub300\ube44 \ub2ec\ub7ec \uac00\uce58 \uc9c0\uc218)\ub294 \uc774\ubc88 \uc8fc 99.00~99.50\uc120\uc73c\ub85c \ub418\ub3cc\ub9bc(\ud558\ub77d \ud6c4 \ub2e4\uc2dc \uc0c1\uc2b9)\ud560 \uc218 \uc788\ub2e4\ub294 \uc804\ub9dd\uc774 \ub098\uc624\uba70, 5\uc6d4 14~15\uc77c \uc774\uc804 \ud0c0\uacb0 \uac00\ub2a5\uc131\uc774 \uac70\ub860\ub418\ub294 \ud611\uc0c1(\uad6c\uccb4 \ub0b4\uc6a9\uc774 \ubd88\uba85\ud655\ud55c \u2018\ub51c\u2019)\uc5d0\ub3c4 \uc2dc\uc120\uc774 \uc3e0\ub9b0\ub2e4.<\/p>\n

\ucd5c\uadfc\uc5d0\ub3c4 \u2018\ub9e4\ud30c\uc801 Fed \ub0b4\ub7ec\ud2f0\ube0c(\uc815\ucc45 \ubc29\ud5a5\uc5d0 \ub300\ud55c \uc2dc\uc7a5\uc758 \ud574\uc11d)\u2019\uac00 \ub2ec\ub7ec\ub97c \ub04c\uc5b4\uc62c\ub9ac\ub294 \uc775\uc219\ud55c \ud750\ub984\uc774 \ub098\ud0c0\ub098\uace0 \uc788\ub2e4. 2025\ub144\uacfc \ub9c8\ucc2c\uac00\uc9c0\ub85c, \uc2dc\uc7a5\uc740 \uc62c\ud574 \ucd94\uac00 \uae34\ucd95\uc744 \uc18c\ud3ed \ubc18\uc601\ud558\uae30 \uc2dc\uc791\ud588\uace0 \ub2e8\uc21c\ud788 \u2018\uc778\ud558\uac00 \ub2a6\uc5b4\uc9c4\ub2e4\u2019\ub294 \uc218\uc900\uc744 \ub118\uc5b4\uc130\ub2e4. \uc774 \uc2ec\ub9ac\uac00 \ub2ec\ub7ec\ub97c \uacac\uace0\ud558\uac8c \uc9c0\uc9c0\ud558\uace0 \uc788\ub2e4.<\/p>\n

Positioning Implications For Traders<\/h3>\n

Fed\uc758 \ubb3c\uac00 \uc548\uc815(\uc778\ud50c\ub808\uc774\uc158 \uc5b5\uc81c) \uc911\uc2dc\uac00 \ub354 \uac15\ud574\uc9c4 \ubc30\uacbd\uc5d0\ub294 \uc9c0\ub09c\uc8fc \ubc1c\ud45c\ub41c 2026\ub144 4\uc6d4 CPI(\uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218\u00b7\uc0dd\ud65c\ubb3c\uac00\ub97c \ubcf4\uc5ec\uc8fc\ub294 \ub300\ud45c \uc9c0\ud45c)\uac00 \uc608\uc0c1\ubcf4\ub2e4 \ub192\uc740 3.6%\ub97c \uae30\ub85d\ud55c \uc810\uc774 \uc788\ub2e4. NFP\uac00 19\ub9cc5,000\uba85 \uc99d\uac00\ub85c \uacac\uc870\ud588\uc9c0\ub9cc, Fed\uc758 \ucd5c\uc6b0\uc120 \uad00\uc2ec\uc0ac\uc778 \uc778\ud50c\ub808\uc774\uc158\uc744 \ud754\ub4e4 \uc815\ub3c4\ub85c \uac15\ud558\uc9c0\ub294 \uc54a\ub2e4. \uacb0\uacfc\uc801\uc73c\ub85c Fed\uac00 \u2018\uace0\uc6a9\u2019\ubcf4\ub2e4 \u2018\ubb3c\uac00 \uc548\uc815\u2019\uc5d0 \ub354 \ubb34\uac8c\ub97c \ub458 \uac83\uc774\ub77c\ub294 \ud310\ub2e8\uc774 \uac15\ud654\ub410\ub2e4.<\/p>\n

\ud30c\uc0dd\uc0c1\ud488(\uae30\ucd08\uc790\uc0b0 \uac00\uaca9\uc5d0 \uc5f0\ub3d9\ub418\ub294 \uacc4\uc57d\uc73c\ub85c, \uc120\ubb3c\u00b7\uc635\uc158 \ub4f1\uc774 \ud3ec\ud568) \ud22c\uc790\uc790 \uad00\uc810\uc5d0\uc11c\ub294 \ud5a5\ud6c4 \uc218\uc8fc \ub3d9\uc548 \ub2ec\ub7ec \ub9e4\uc218(\ub871) \ud3ec\uc9c0\uc158\uc774 \uc5ec\uc804\ud788 \uc720\ub9ac\ud55c \uc804\ub7b5\uc774\ub77c\ub294 \uc2e0\ud638\ub85c \ud574\uc11d\ub41c\ub2e4. DXY \ucf5c\uc635\uc158(\uc624\ub97c \uacbd\uc6b0 \uc774\uc775\uc774 \ub098\ub294 \uad8c\ub9ac)\uc744 99.50 \ubd80\uadfc \ud589\uc0ac\uac00(\uad8c\ub9ac\ub97c \ud589\uc0ac\ud558\ub294 \uac00\uaca9)\ub85c \ub9e4\uc218\ud558\ub294 \uc804\ub7b5\uc774 \ub300\uc548\uc774 \ub420 \uc218 \uc788\ub2e4. \ub610\ud55c \ub2e8\uae30 \ubbf8 \uae08\ub9ac \uc0c1\uc2b9\uc5d0 \ubca0\ud305\ud558\ub294 \ud3ec\uc9c0\uc158, \uc608\ub97c \ub4e4\uc5b4 SOFR \uc120\ubb3c(\ubbf8\uad6d\uc758 \ubb34\uc704\ud5d8 \ub2e8\uae30\uae08\ub9ac \uc9c0\ud45c\uc778 SOFR\uc744 \uae30\ucd08\ub85c \ud55c \uc120\ubb3c; \u2018\uc20f\u2019\uc740 \uac00\uaca9 \ud558\ub77d\/\uae08\ub9ac \uc0c1\uc2b9\uc5d0 \ubca0\ud305) \ub9e4\ub3c4\ub3c4 \uc0c1\ub300\uc801\uc73c\ub85c \uc720\ub9ac\ud560 \uac00\ub2a5\uc131\uc774 \uc788\ub2e4.<\/p>\n

\ube0c\ub80c\ud2b8\uc720(\uad6d\uc81c \uc720\uac00 \uae30\uc900 \uc911 \ud558\ub098)\ub294 \ucd5c\uadfc \ud638\ub974\ubb34\uc988 \ud574\ud611(\uc911\ub3d9 \uc6d0\uc720 \uc218\uc1a1\uc758 \ud575\uc2ec \ud574\uc0c1 \uc694\ucda9\uc9c0) \uad50\ub780\uc73c\ub85c \ubc30\ub7f4\ub2f9 95\ub2ec\ub7ec \uc704\uc5d0 \uba38\ubb3c\uace0 \uc788\ub2e4. \uc774\ub7f0 \uc9c0\uc815\ud559\uc801 \uc704\ud5d8 \ud504\ub9ac\ubbf8\uc5c4(\uc704\ud5d8 \ub54c\ubb38\uc5d0 \ubd99\ub294 \ucd94\uac00 \uac00\uaca9)\uc740 \uae30\ub300\uc778\ud50c\ub808\uc774\uc158\uc744 \uc790\uadf9\ud574 \ub2ec\ub7ec\ub97c \uc9c0\uc9c0\ud558\ub294 \uc694\uc778\uc73c\ub85c \uc774\uc5b4\uc9c4\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

\ub9e4\ud30c\uc801 Fed\uc640 \uc720\uac00\u00b7\uc9c0\uc815\ud559 \ub9ac\uc2a4\ud06c\uac00 \ub2e8\uae30\uae08\ub9ac\u00b7\uae30\ub300\uc778\ud50c\ub808\ub97c \ub04c\uc5b4\uc62c\ub9ac\uba70 \ub2ec\ub7ec \uac15\uc138 \uace0\ucc29\ud654. \uc2dc\uc7a5\uc740 \ucd94\uac00 \uae34\ucd95 6~7bp \ubc18\uc601, NFP\u00b7ISM \ucd09\uac01, DXY 99\uc120 \ubc18\ub4f1 \uae30\ub300.<\/p>\n","protected":false},"author":87,"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-46207","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\/46207","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\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=46207"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46207\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=46207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=46207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=46207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}