{"id":48916,"date":"2026-06-17T05:53:35","date_gmt":"2026-06-17T05:53:35","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%ec%97%b0%ec%a4%80%ec%9d%98-%eb%a7%a4%ed%8c%8c%ec%a0%81-%ec%8b%a0%ed%98%b8-%ec%86%8d-%eb%8b%ac%eb%9f%ac-%ec%97%94-%ec%88%98%ec%8b%ad-%eb%85%84-%eb%a7%8c%ec%9d%98-%ea%b3%a0%ec%a0%90-%eb%b6%80%ea%b7%bc\/"},"modified":"2026-06-17T05:53:35","modified_gmt":"2026-06-17T05:53:35","slug":"%ec%97%b0%ec%a4%80%ec%9d%98-%eb%a7%a4%ed%8c%8c%ec%a0%81-%ec%8b%a0%ed%98%b8-%ec%86%8d-%eb%8b%ac%eb%9f%ac-%ec%97%94-%ec%88%98%ec%8b%ad-%eb%85%84-%eb%a7%8c%ec%9d%98-%ea%b3%a0%ec%a0%90-%eb%b6%80%ea%b7%bc","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%ec%97%b0%ec%a4%80%ec%9d%98-%eb%a7%a4%ed%8c%8c%ec%a0%81-%ec%8b%a0%ed%98%b8-%ec%86%8d-%eb%8b%ac%eb%9f%ac-%ec%97%94-%ec%88%98%ec%8b%ad-%eb%85%84-%eb%a7%8c%ec%9d%98-%ea%b3%a0%ec%a0%90-%eb%b6%80%ea%b7%bc\/","title":{"rendered":"\uc5f0\uc900\uc758 \ub9e4\ud30c\uc801 \uc2e0\ud638 \uc18d \ub2ec\ub7ec\/\uc5d4, \uc218\uc2ed \ub144 \ub9cc\uc758 \uace0\uc810 \ubd80\uadfc \uc720\uc9c0\u2026\ub2f9\uad6d \uac1c\uc785 \uacbd\uacc4\uac10\ub3c4 \uc9c0\uc18d"},"content":{"rendered":"<p>USD\/JPY\ub294 \uc218\uc694\uc77c \uc544\uc2dc\uc544 \uc138\uc158\uc5d0\uc11c \uc18c\ud3ed \ud558\ub77d\ud588\uc9c0\ub9cc, \uc9c0\ub09c\uc8fc \uace0\uc810(4\uc6d4 \ub9d0 \uc774\ud6c4 \ucd5c\uace0\uce58) \ubd80\uadfc\uc5d0\uc11c \uc5ec\uc804\ud788 \uac70\ub798\ub410\ub2e4. \uc2dc\uc7a5\uc740 \uc774\ub0a0 \uc608\uc815\ub41c \uc774\ud2c0 \uc77c\uc815\uc758 FOMC \ud68c\uc758 \uacb0\uacfc\ub97c \uae30\ub2e4\ub9ac\uba70, \ud658\uc728\uc740 160.50\uc758 \uac1c\uc785 \uacbd\uacc4 \uad6c\uac04 \uc544\ub798\uc5d0\uc11c \uc6c0\uc9c1\uc600\ub2e4.<\/p>\n<p>\uc5f0\uc900\uc740 \uae08\ub9ac\ub97c \ub3d9\uacb0\ud558\ub418, \ubb3c\uac00\uac00 \uc608\uc0c1\ubcf4\ub2e4 \ub048\uc9c8\uae34 \ud750\ub984\uc744 \ubcf4\uc778 \uc810\uc744 \ubc18\uc601\ud574 \uc644\ud654 \uc131\ud5a5\uc744 \uc77c\ubd80 \ub418\ub3cc\ub9ac\ub294 \ubc29\ud5a5\uc73c\ub85c \uc131\uba85 \ubb38\uad6c\ub97c \uc870\uc815\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4. \uad00\uc2ec\uc740 \uc810\ub3c4\ud45c(dot plot)\ub97c \ud3ec\ud568\ud55c \uc218\uc815 \uacbd\uc81c\uc804\ub9dd\uacfc, \uc2e0\uc784 \uc5f0\uc900 \uc758\uc7a5 \ucf00\ube48 \uc6cc\uc2dc(Kevin Warsh)\uc758 \ubc1c\uc5b8\uc5d0 \uc3e0\ub824 \uc788\ub2e4. \uc774\ub294 \ud5a5\ud6c4 \uc815\ucc45 \uacbd\ub85c\uc640 \ub2ec\ub7ec\uc5d0 \ub300\ud55c \uc2dc\uc0ac\uc810\uc744 \uac00\ub2a0\ud558\ub294 \ud575\uc2ec \ub2e8\uc11c\uac00 \ub420 \uc804\ub9dd\uc774\ub2e4. \ud55c\ud3b8 \ubbf8\uad6d\uacfc \uc774\ub780 \uac04 \uc7a0\uc815 \ud3c9\ud654 \ud569\uc758\uc5d0 \ub300\ud55c \ub099\uad00\ub860\uc774 \uc548\uc804\uc790\uc0b0 \ub2ec\ub7ec \uc218\uc694\ub97c \uc57d\ud654\uc2dc\ud0a8 \uac00\uc6b4\ub370, \uc5d4\ud654 \ubc29\uc5b4\ub97c \uc704\ud55c \ub2f9\uad6d\uc758 \ucd94\uac00 \ub300\uc751 \uac00\ub2a5\uc131\ub3c4 \ud658\uc728 \uc0c1\ub2e8\uc744 \uc81c\ud55c\ud588\ub2e4. \uc77c\ubcf8\uc740\ud589(BOJ)\uc774 \ud654\uc694\uc77c \uae30\uc900\uae08\ub9ac\ub97c 1995\ub144 \uc774\ud6c4 \ucd5c\uace0 \uc218\uc900\uc73c\ub85c \uc778\uc0c1\ud588\uc74c\uc5d0\ub3c4, \uc77c\ubcf8\uc758 \ucc28\uc785 \ube44\uc6a9\uc740 \uc5ec\uc804\ud788 \ubbf8\uad6d \ub4f1 \uc8fc\uc694\uad6d\ubcf4\ub2e4 \ub0ae\uc544 \uce90\ub9ac \ud2b8\ub808\uc774\ub4dc\uac00 \uc720\uc9c0\ub418\uba74\uc11c \uc5d4\ud654\ub294 \uc218\uc694 \ud68c\ubcf5\uc5d0 \uc5b4\ub824\uc6c0\uc744 \uacaa\uace0 \uc788\ub2e4.<\/p>\n<h3>Fed Stance and BOJ Policy Divergence<\/h3>\n<p>USD\/JPY\ub294 \uc218\uc2ed \ub144 \ub9cc\uc758 \ucd5c\uace0 \uc218\uc900 \ubd80\uadfc\uc5d0\uc11c \ub4f1\ub77d\ud558\uba70 \ud604\uc7ac 157.50\uc120 \uc548\ud30e\uc5d0\uc11c \uac70\ub798\ub418\uace0 \uc788\ub2e4. \uc2dc\uc7a5\uc740 \uc9c0\ub09c\uc8fc \uc5f0\uc900 \ud68c\uc758 \uacb0\uacfc\ub97c \uc5ec\uc804\ud788 \uc18c\ud654\ud558\ub294 \uacfc\uc815\uc5d0 \uc788\uc73c\uba70, \uc815\ucc45\ub2f9\uad6d\uc774 \ubcf4\ub2e4 \ub9e4\ud30c\uc801 \uc2a4\ud0e0\uc2a4\ub97c \uc2dc\uc0ac\ud55c \uc810\uc774 \ud380\ub354\uba58\ud138 \uce21\uba74\uc5d0\uc11c \ud658\uc728\uc744 \uc9c0\uc9c0\ud558\uace0 \uc788\ub2e4.<\/p>\n<p>\uc5f0\uc900\uc758 \uc0c8 \uacbd\uc81c\uc804\ub9dd, \uc989 \u2018\uc810\ub3c4\ud45c\u2019\ub294 \uc62c\ud574 \ub0a8\uc740 \uae30\uac04 \uae08\ub9ac \uc778\ud558\uac00 1\ud68c\uc5d0 \uadf8\uce60 \uac83\uc784\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \uc774\ub294 3\uc6d4 \ub2f9\uc2dc \uc608\uc0c1\ub410\ub358 3\ud68c \uc778\ud558\uc5d0\uc11c \ud06c\uac8c \ud6c4\ud1f4\ud55c \uac83\uc774\ub2e4. \u2018\ub354 \ub192\uc740 \uae08\ub9ac\uac00 \ub354 \uc624\ub798\u2019 \uc720\uc9c0\ub420\uc218\ub85d \ub2ec\ub7ec \ubcf4\uc720 \ub9e4\ub825\uc774 \ucee4\uc9c0\uba74\uc11c \ub2ec\ub7ec \uac15\uc138 \uc694\uc778\uc73c\ub85c \uc791\uc6a9\ud55c\ub2e4. \uc778\ud50c\ub808\uc774\uc158\uc5d0 \ub300\ud55c \uc81c\ub86c \ud30c\uc6d4\uc758 \uc2e0\uc911\ud55c \ud1a4\ub3c4 \uc774\ub7ec\ud55c \uc2dc\uac01\uc744 \uac15\ud654\ud55c\ub2e4.<\/p>\n<p>\ubc18\uba74 \uc77c\ubcf8\uc740\ud589\uc758 \uc9c0\ub09c\uc8fc \uc870\uce58\ub294 \uc5d4\ud654 \uc9c0\uc9c0\uc5d0 \ud070 \ub3c4\uc6c0\uc744 \uc8fc\uc9c0 \ubabb\ud588\ub2e4. \uad6d\ucc44 \ub9e4\uc785 \ucd95\uc18c\uc758 \uad6c\uccb4\uc801 \ubc29\uc548 \uc81c\uc2dc\ub97c 7\uc6d4 \ud68c\uc758\ub85c \ubbf8\ub8ec \ud0d3\uc5d0, \uc77c\ubcf8\uc758 \ud1b5\ud654\uc815\ucc45\uc774 \ub2f9\ubd84\uac04 \uc644\ud654\uc801\uc73c\ub85c \uc720\uc9c0\ub420 \uac83\uc774\ub77c\ub294 \uc2e0\ud638\ub85c \ud574\uc11d\ub41c\ub2e4. \uc774\uc5d0 \ub530\ub77c \ubbf8\u00b7\uc77c \uac04 \ud1b5\ud654\uc815\ucc45 \uad34\ub9ac\ub294 \uc9c0\uc18d\ub420 \uacf5\uc0b0\uc774 \ud06c\ub2e4.<\/p>\n<p>\uc774 \uac19\uc740 \uad34\ub9ac\ub294 \ucc44\uad8c\uc2dc\uc7a5\uc5d0\uc11c \uac00\uc7a5 \ub69c\ub837\ud558\ub2e4. \ubbf8 10\ub144\ubb3c \uad6d\ucc44\uae08\ub9ac\ub294 \uc57d 4.2% \uc218\uc900\uc778 \ubc18\uba74, \uc77c\ubcf8\uc758 \ub3d9\uc77c \ub9cc\uae30 \uad6d\ucc44\uae08\ub9ac\ub294 1% \ubbf8\ub9cc\uc5d0 \uba38\ubb38\ub2e4. 3.2%\ud3ec\uc778\ud2b8\ub97c \uc6c3\ub3c4\ub294 \ud070 \uae08\ub9ac \uaca9\ucc28\ub294 \uc5d4\ud654\ub85c \ucc28\uc785\ud574 \ub354 \ub192\uc740 \uc218\uc775\ub960\uc758 \ub2ec\ub7ec \uc790\uc0b0\uc5d0 \ud22c\uc790\ud558\ub294 \uce90\ub9ac \ud2b8\ub808\uc774\ub4dc\ub97c \ubd80\ucd94\uae34\ub2e4. \uc774 \uae08\ub9ac\ucc28\uac00 \uc720\uc9c0\ub418\ub294 \ud55c USD\/JPY\uc758 \u2018\uc800\ud56d\uc774 \uc801\uc740 \ubc29\ud5a5\u2019\uc740 \uc0c1\ubc29\uc774\ub77c\ub294 \ud310\ub2e8\uc774\ub2e4.<\/p>\n<h3>Risks of Intervention and Trading Strategies<\/h3>\n<p>\ub2e4\ub9cc \ud658\uc728\uc774 160\uc120\uc5d0 \uc811\uadfc\ud560\uc218\ub85d \uc815\ubd80(\ub2f9\uad6d) \uac1c\uc785 \ub9ac\uc2a4\ud06c\uc5d0 \ub300\ud55c \uacbd\uacc4\ub294 \uc720\uc9c0\ud560 \ud544\uc694\uac00 \uc788\ub2e4. 4\uc6d4 \ub9d0~5\uc6d4 \ucd08 \ud658\uc728\uc774 \ud574\ub2f9 \uc218\uc900\uc744 \uc0c1\ud5a5 \ub3cc\ud30c\ud588\uc744 \ub54c \ub2f9\uad6d\uc774 \uc5d4\ud654 \ubc29\uc5b4\uc5d0 \ub098\uc120 \uc804\ub840\uac00 \uc788\ub2e4. \uc774\ub7ec\ud55c \uc704\ud611\uc740 \ub2e8\uae30 \uc0c1\ub2e8\uc744 \uc81c\ud55c\ud558\ub294 \ub3d9\uc2dc\uc5d0 \uae09\uaca9\ud558\uace0 \ub3cc\ubc1c\uc801\uc778 \ub418\ub3cc\ub9bc\uc744 \uc720\ubc1c\ud560 \uc218 \uc788\ub2e4.<\/p>\n<p>\ud30c\uc0dd\uc0c1\ud488 \ud22c\uc790\uc790 \uad00\uc810\uc5d0\uc11c\ub294 160\uc120\uae4c\uc9c0\uc758 \ucd94\uac00 \uc0c1\uc2b9 \uac00\ub2a5\uc131\uc744 \uaca8\ub0e5\ud558\ub418, \ub3cc\ubc1c \uac1c\uc785\uc5d0 \ub530\ub978 \ud558\ubc29 \ub9ac\uc2a4\ud06c\ub97c \uc81c\ud55c\ud558\uae30 \uc704\ud574 \ucf5c\uc635\uc158 \ub9e4\uc218\uac00 \uc720\ud6a8\ud55c \ud658\uacbd\uc73c\ub85c \ubcf4\uc778\ub2e4. \ub2e4\ub978 \ub300\uc548\uc73c\ub85c\ub294, \ud558\ub77d\ud3ed\uc774 \uc81c\ud55c\uc801\uc774\uace0 \ube60\ub974\uac8c \uc800\uac00 \ub9e4\uc218\uc138\uac00 \uc720\uc785\ub420 \uac83\uc774\ub77c\ub294 \ud310\ub2e8\uc5d0 \uae30\ubc18\ud574 \uc678\uac00\uaca9(OTM) \ud48b\uc635\uc158\uc744 \ub9e4\ub3c4\ud574 \ud504\ub9ac\ubbf8\uc5c4\uc744 \ud655\ubcf4\ud558\ub294 \uc804\ub7b5\ub3c4 \uace0\ub824\ud560 \uc218 \uc788\ub2e4. CFTC \ub370\uc774\ud130\ub294 \uc5d4\ud654\uc5d0 \ub300\ud55c \ub300\uaddc\ubaa8 \ud22c\uae30\uc801 \uc21c\uc20f \ud3ec\uc9c0\uc158\uc774 \uc5ec\uc804\ud788 \uc720\uc9c0\ub418\uace0 \uc788\uc74c\uc744 \ubcf4\uc5ec\uc8fc\uba70, \uae30\uc874 \ucd94\uc138\uac00 \uacac\uace0\ud558\ub2e4\ub294 \uc810\uc744 \uc2dc\uc0ac\ud55c\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FOMC \uc55e\ub450\uace0 \ub2ec\ub7ec\/\uc5d4\uc740 160\uc120 \uac1c\uc785 \uacbd\uacc4 \uc544\ub798\uc11c \uc228 \uace0\ub974\uae30. \u2018\uace0\uae08\ub9ac \uc7a5\uae30\ud654\u2019 \uc810\ub3c4\ud45c\uc640 \ubbf8\u00b7\uc77c \uae08\ub9ac\ucc28\uac00 \uc0c1\ubc29 \uc555\ub825, BOJ \uc644\ud654\u00b7\uac1c\uc785 \ub9ac\uc2a4\ud06c\uac00 \ubcc0\ub3d9\uc131 \ud0a4\uc6b4\ub2e4.<\/p>\n","protected":false},"author":87,"featured_media":49953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-48916","post","type-post","status-publish","format-standard","has-post-thumbnail","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\/48916","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=48916"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/48916\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media\/49953"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=48916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=48916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=48916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}