{"id":30699,"date":"2026-03-19T08:08:29","date_gmt":"2026-03-19T08:08:29","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/boe-karari-oncesinde-sterlin-13290a-dogru-yukseliyor-ancak-orta-dogu-gerilimi-ve-sahin-fed-kazanclari-sinirliyor\/"},"modified":"2026-03-19T08:08:29","modified_gmt":"2026-03-19T08:08:29","slug":"boe-karari-oncesinde-sterlin-13290a-dogru-yukseliyor-ancak-orta-dogu-gerilimi-ve-sahin-fed-kazanclari-sinirliyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/boe-karari-oncesinde-sterlin-13290a-dogru-yukseliyor-ancak-orta-dogu-gerilimi-ve-sahin-fed-kazanclari-sinirliyor\/","title":{"rendered":"BoE karar\u0131 \u00f6ncesinde sterlin 1,3290\u2019a do\u011fru y\u00fckseliyor; ancak Orta Do\u011fu gerilimi ve \u015fahin Fed kazan\u00e7lar\u0131 s\u0131n\u0131rl\u0131yor"},"content":{"rendered":"GBP\/USD, per\u015fembe g\u00fcnk\u00fc Asya i\u015flemlerinde 1,3290 civar\u0131na y\u00fckseldi ve erken Avrupa i\u015flemlerinde bu seviyeye yak\u0131n kald\u0131. Piyasalar\u0131n oda\u011f\u0131nda bug\u00fcn a\u00e7\u0131klanacak \u0130ngiltere istihdam raporu ve \u0130ngiltere Merkez Bankas\u0131\u2019n\u0131n (BoE) faiz karar\u0131 var.\n\nOrta Do\u011fu\u2019daki gerilimle birlikte petrol y\u00fckseldi; WTI ham petrol varil ba\u015f\u0131na 100 dolara yakla\u015ft\u0131. Bu durum, \u201cg\u00fcvenli liman\u201d (risk artt\u0131\u011f\u0131nda yat\u0131r\u0131mc\u0131n\u0131n y\u00f6neldi\u011fi daha g\u00fcvenli g\u00f6r\u00fclen varl\u0131k) \u00f6zelli\u011fi nedeniyle ABD Dolar\u0131\u2019n\u0131 destekledi. Bloomberg\u2019e g\u00f6re, \u0130ran ve \u0130srail enerji altyap\u0131s\u0131na y\u00f6nelik kar\u015f\u0131l\u0131kl\u0131 sald\u0131r\u0131lar yapt\u0131. Haberde, \u0130ran Devrim Muhaf\u0131zlar\u0131\u2019n\u0131n (IRGC) G\u00fcney Pars do\u011falgaz sahas\u0131ndaki tesislere y\u00f6nelik sald\u0131r\u0131lar\u0131n ard\u0131ndan enerji tesislerini hedef alma uyar\u0131s\u0131 yapt\u0131\u011f\u0131 belirtildi.\n\n<h3>Fed Politikas\u0131 ve Piyasaya Etkisi<\/h3>\n\u00c7ar\u015famba g\u00fcn\u00fc ABD Merkez Bankas\u0131 (Fed) faizi 3,50%\u20133,75% aral\u0131\u011f\u0131nda sabit tuttu. Ekonomik tahmin \u00f6zetinde (Summary of Economic Projections; Fed\u2019in b\u00fcy\u00fcme, enflasyon ve faiz patikas\u0131na dair tahminleri) 2026 i\u00e7in bir olas\u0131 faiz indirimi sinyali korunurken, enerji fiyatlar\u0131ndaki art\u0131\u015f nedeniyle enflasyon g\u00f6r\u00fcn\u00fcm\u00fcn\u00fcn \u201c\u00e7ok belirsiz\u201d oldu\u011fu ifade edildi.\n\nBoE\u2019nin mart toplant\u0131s\u0131nda politika faizini 3,75% seviyesinde sabit b\u0131rakmas\u0131 bekleniyor. Bank of America ekonomistleri, daha \u00f6nce \u00f6ne \u00e7ekilen takvimin aksine, Bank Rate\u2019de iki indirimin haziran ve eyl\u00fclde gelebilece\u011fini \u00f6ng\u00f6r\u00fcyor.\n\n\u0130ngiltere i\u015fg\u00fcc\u00fc verileri de a\u00e7\u0131klanacak. ILO i\u015fsizlik oran\u0131n\u0131n (Uluslararas\u0131 \u00c7al\u0131\u015fma \u00d6rg\u00fct\u00fc\u2019n\u00fcn standart tan\u0131m\u0131yla i\u015fsizlik \u00f6l\u00e7\u00fcm\u00fc) ocakta 5,3%\u2019e y\u00fckselmesi, aral\u0131kta ise 5,2% olmas\u0131 bekleniyor. Sterlin, 886 y\u0131l\u0131na uzanan ge\u00e7mi\u015fe sahip ve d\u00f6viz piyasas\u0131 i\u015flemlerinin 12%\u2019sini olu\u015fturuyor; 2022 itibar\u0131yla g\u00fcnl\u00fck yakla\u015f\u0131k 630 milyar dolarl\u0131k hacme kar\u015f\u0131l\u0131k geliyor. Pariteler baz\u0131nda GBP\/USD 11%, GBP\/JPY 3% ve EUR\/GBP 2% paya sahip.\n\nOrta Do\u011fu\u2019daki \u00e7at\u0131\u015fma petrol\u00fc 100 dolara iterken, d\u00f6viz piyasas\u0131nda \u201c\u00f6rt\u00fck oynakl\u0131\u011f\u0131n\u201d (implied volatility; opsiyon fiyatlar\u0131ndan t\u00fcretilen, piyasan\u0131n bekledi\u011fi dalgalanma) artt\u0131\u011f\u0131 g\u00f6r\u00fcl\u00fcyor. \u00d6rne\u011fin VIX endeksi (Cboe Volatility Index; piyasa korku endeksi olarak bilinir) 20\u2019nin \u00fczerine \u00e7\u0131kt\u0131. Bu ortamda, y\u00f6n fark etmeksizin dalgalanmadan faydalanmay\u0131 hedefleyen opsiyon stratejileri \u00f6ne \u00e7\u0131k\u0131yor: \u201cStraddle\u201d (ayn\u0131 vadede ayn\u0131 kullan\u0131m fiyatl\u0131 al\u0131m-sat\u0131m opsiyonunu birlikte almak) veya \u201cstrangle\u201d (ayn\u0131 vadede farkl\u0131 kullan\u0131m fiyatl\u0131 al\u0131m-sat\u0131m opsiyonunu birlikte almak) gibi yap\u0131lar GBP\/USD\u2019de hareketten kazan\u00e7 ama\u00e7layabilir.\n\nABD Dolar\u0131, hem jeopolitik risk alg\u0131s\u0131 hem de Fed\u2019in faizde s\u0131k\u0131 duru\u015fu sayesinde destek buluyor. \u015eubat 2026 ABD enflasyonunun 3,4% ile y\u00fcksek kalmas\u0131, Fed\u2019in \u201c\u015fahin\u201d tonunu (inflasyonla m\u00fccadele i\u00e7in faizi y\u00fcksek tutmaya yatk\u0131n duru\u015f) g\u00fc\u00e7lendiriyor ve dolar\u0131 cazip k\u0131l\u0131yor. Bu nedenle sadece sterline kar\u015f\u0131 de\u011fil, dolar\u0131n di\u011fer para birimleri sepetine kar\u015f\u0131 da g\u00fc\u00e7l\u00fc kalabilece\u011fi senaryosu masada.\n\n<h3>\u0130\u015flem Stratejisine Etkileri<\/h3>\nBuna kar\u015f\u0131l\u0131k Sterlin taraf\u0131nda g\u00f6r\u00fcn\u00fcm zay\u0131f. BoE\u2019nin bug\u00fcn faizi sabit tutmas\u0131 bekleniyor; ancak hazirandan itibaren indirim beklentisi g\u00fc\u00e7leniyor. \u0130ngiltere i\u015fsizli\u011finin 5,3% ile yakla\u015f\u0131k be\u015f y\u0131l\u0131n en y\u00fckse\u011fine \u00e7\u0131kaca\u011f\u0131 tahmini de Sterlin i\u00e7in a\u015fa\u011f\u0131 y\u00f6nl\u00fc g\u00f6r\u00fc\u015f\u00fc destekliyor.\n\n\u015eahin Fed ile daha temkinli BoE aras\u0131ndaki bu ayr\u0131\u015fma, GBP\/USD\u2019de a\u015fa\u011f\u0131 y\u00f6n\u00fcn daha olas\u0131 oldu\u011funa i\u015faret ediyor. Paritede d\u00fc\u015f\u00fc\u015ften faydalanmak i\u00e7in \u201cput opsiyonu\u201d (sat\u0131\u015f opsiyonu; belirli fiyattan satma hakk\u0131) almak veya \u201cbear put spread\u201d (maliyeti azaltmak i\u00e7in farkl\u0131 kullan\u0131m fiyatl\u0131 iki put ile kurulan d\u00fc\u015f\u00fc\u015f stratejisi) gibi y\u00f6ntemler g\u00fcndeme gelebilir. 1,3290 seviyesi, bu t\u00fcr pozisyonlara ba\u015flamak i\u00e7in uygun bir b\u00f6lge olarak g\u00f6r\u00fclebilir.\n\nGe\u00e7mi\u015fte, faiz farklar\u0131n\u0131n a\u00e7\u0131lmas\u0131 (iki \u00fclkenin faiz oranlar\u0131 aras\u0131ndaki fark) 2025 boyunca d\u00f6viz trendlerini belirledi ve \u201ccarry trade\u201d i\u015flemlerini (faizi y\u00fcksek para birimine ge\u00e7ip faiz gelirinden faydalanma) k\u00e2rl\u0131 hale getirdi. Fed s\u0131k\u0131 duru\u015funu korurken BoE gelecekte indirim sinyali verdik\u00e7e, faiz avantaj\u0131 yeniden ABD Dolar\u0131 lehine d\u00f6n\u00fcyor. Bu temel unsur, vadeli i\u015flemler (futures; standartla\u015ft\u0131r\u0131lm\u0131\u015f vadeli s\u00f6zle\u015fmeler) veya forward (iki taraf aras\u0131nda yap\u0131lan, vade ve kurun \u00f6nceden belirlendi\u011fi anla\u015fma) ile GBP\/USD\u2019de k\u0131sa pozisyon ta\u015f\u0131may\u0131 destekliyor.\n<p>\n\n<p><strong>Hemen i\u015flem yapmaya ba\u015flay\u0131n &#8211; Ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in <a href=\"https:\/\/www.vtmarkets.com\/tr\/trade-now\/\">buraya<\/a> t\u0131klay\u0131n <\/strong> <\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>G\u00f6zler BoE faizi ve \u0130ngiltere istihdam\u0131nda: GBP\/USD 1,3290\u2019da tutunuyor. Orta Do\u011fu gerilimi petrol\u00fc 100 dolara yakla\u015ft\u0131r\u0131p dolar\u0131 g\u00fc\u00e7lendiriyor. \u015eahin Fed\u2013temkinli BoE ayr\u0131\u015fmas\u0131 paritede a\u015fa\u011f\u0131 riskleri art\u0131r\u0131yor.<\/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-30699","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\/tr-mena\/wp-json\/wp\/v2\/posts\/30699","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=30699"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30699\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=30699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=30699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=30699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}