{"id":30837,"date":"2026-03-20T17:04:01","date_gmt":"2026-03-20T17:04:01","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/sterlin-13380e-yakin-geriledi-boenin-sahin-durusuna-direncli-abd-dolari-karsisinda-039-dususte\/"},"modified":"2026-03-20T17:04:01","modified_gmt":"2026-03-20T17:04:01","slug":"sterlin-13380e-yakin-geriledi-boenin-sahin-durusuna-direncli-abd-dolari-karsisinda-039-dususte","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/sterlin-13380e-yakin-geriledi-boenin-sahin-durusuna-direncli-abd-dolari-karsisinda-039-dususte\/","title":{"rendered":"Sterlin 1,3380\u2019e yak\u0131n geriledi; BoE\u2019nin \u015fahin duru\u015funa diren\u00e7li ABD dolar\u0131 kar\u015f\u0131s\u0131nda %0,39 d\u00fc\u015f\u00fc\u015fte"},"content":{"rendered":"GBP\/USD, \u0130ngiltere Merkez Bankas\u0131 (BoE) karar\u0131n\u0131n ard\u0131ndan Per\u015fembe g\u00fcn\u00fc g\u00f6r\u00fclen g\u00fc\u00e7l\u00fc y\u00fckseli\u015fi takiben, Cuma g\u00fcn\u00fc yakla\u015f\u0131k 1,3380 seviyesine geriledi ve g\u00fcn i\u00e7inde %0,39 d\u00fc\u015ft\u00fc. Parite, k\u00fcresel faiz rotalar\u0131n\u0131n (merkez bankalar\u0131n\u0131n faizleri art\u0131rma\/indirme planlar\u0131) yeniden de\u011ferlendirilmesiyle ABD Dolar\u0131\u2019n\u0131n yeniden g\u00fc\u00e7 kazanmas\u0131 sonucu geri \u00e7ekildi.\n\nBoE faiz oran\u0131n\u0131 (Bank Rate: BoE\u2019nin politika faizi) %3,75\u2019te sabit b\u0131rakt\u0131. Oylama 9-0 \u201csabit tutma\u201d y\u00f6n\u00fcnde geldi; piyasada 7-2 b\u00f6l\u00fcnme bekleniyordu. Bu, \u00f6nceki 5-4\u2019l\u00fck karara g\u00f6re daha net bir duru\u015fa i\u015faret etti. BoE, enflasyonun (fiyat art\u0131\u015flar\u0131) inat\u00e7\u0131 kalmas\u0131 halinde ad\u0131m atabilece\u011fini belirtti.\n\n

Bank Of England Signals<\/h3>\nPara Politikas\u0131 Kurulu (Monetary Policy Committee: BoE\u2019nin faiz karar\u0131n\u0131 veren kurul), \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrek enflasyon tahminini %2\u2019den yakla\u015f\u0131k %3,5\u2019e y\u00fckseltti. Gerek\u00e7e olarak a\u011f\u0131rl\u0131kla Orta Do\u011fu sava\u015f\u0131yla ba\u011flant\u0131l\u0131 enerji fiyatlar\u0131ndaki art\u0131\u015f\u0131 g\u00f6sterdi. Catherine Mann, daha uzun s\u00fcre \u201cfaizi sabit tutma\u201d veya faiz art\u0131\u015f\u0131 ihtimaline dikkat \u00e7ekti; Swati Dhingra ise faizlerin art\u0131r\u0131lmas\u0131 gerekebilece\u011fini s\u00f6yledi.\n\nABD\u2019de Federal Reserve (Fed: ABD Merkez Bankas\u0131) faizi %3,50\u2013%3,75 aral\u0131\u011f\u0131nda sabit tuttu ve bu y\u0131l i\u00e7in bir faiz indirimi \u00f6ng\u00f6r\u00fcs\u00fcn\u00fc korudu. Ancak \u0130ran kaynakl\u0131 \u00e7at\u0131\u015fma belirsizli\u011fine vurgu yapt\u0131. Daha fazla yetkili bu y\u0131l hi\u00e7 indirim olmayabilece\u011fini d\u00fc\u015f\u00fcn\u00fcyor; bu da ABD Dolar\u0131\u2019n\u0131 destekledi.\n\nABD Dolar Endeksi (US Dollar Index: Dolar\u0131n ba\u015fl\u0131ca para birimlerine kar\u015f\u0131 g\u00fcc\u00fcn\u00fc \u00f6l\u00e7en endeks) 99,00 civar\u0131ndaki dipten sonra yeniden 99,50\u2019ye y\u00f6neldi. CME FedWatch (vadeli i\u015flemlerden beklenen faiz patikas\u0131n\u0131 hesaplayan g\u00f6sterge) y\u0131l sonuna kadar faiz de\u011fi\u015fmeme ihtimalini %71,8 olarak fiyatlad\u0131. Baz\u0131 bankalar, \u0130ngiltere tahvil getirilerindeki (yield: tahvilin yat\u0131r\u0131mc\u0131ya sa\u011flad\u0131\u011f\u0131 y\u0131ll\u0131k getiri) hareketlerin sterlini destekledi\u011fini ancak bunun a\u015f\u0131r\u0131ya ka\u00e7m\u0131\u015f olabilece\u011fini; petrol ve Orta Do\u011fu geriliminin ana belirleyiciler olmaya devam etti\u011fini s\u00f6yledi.\n\n

Shift In Market Backdrop<\/h3>\nBug\u00fcn tablo belirgin bi\u00e7imde de\u011fi\u015fti; \u0130ngiltere\u2019de enflasyon ciddi \u015fekilde so\u011fudu. Ulusal \u0130statistik Ofisi\u2019nin (Office for National Statistics) son verilerine g\u00f6re T\u00fcketici Fiyat Endeksi (CPI: t\u00fcketici enflasyonunu \u00f6l\u00e7en ana g\u00f6sterge) \u015eubat 2026\u2019da %2,1 oldu; bu oran ge\u00e7en y\u0131l korkulandan \u00e7ok daha d\u00fc\u015f\u00fck. Bu nedenle BoE politikas\u0131n\u0131 de\u011fi\u015ftirdi ve yava\u015flayan ekonomiyi desteklemek i\u00e7in politika faizini %3,00\u2019e indirdi.\n\nAtlantik\u2019in \u00f6te yan\u0131nda Fed de s\u0131n\u0131rl\u0131 bir gev\u015feme (easing: faiz indirimiyle finansal ko\u015fullar\u0131 rahatlatma) s\u00fcrecine ba\u015flad\u0131. Fed Fonlama Faizi (Fed Funds Rate: bankalar\u0131n birbirine gecelik bor\u00e7 verme faizinin hedef aral\u0131\u011f\u0131) \u015fu anda %3,25\u2013%3,50 seviyesinde; ge\u00e7en y\u0131lki \u201csabit\u201d duru\u015fa g\u00f6re k\u00fc\u00e7\u00fck bir d\u00fc\u015f\u00fc\u015f. ABD enflasyonunun y\u00f6netilebilir %2,5 seviyesinde olmas\u0131, faiz indirimlerinde daha temkinli bir yakla\u015f\u0131ma alan a\u00e7t\u0131.\n\nBu farkl\u0131la\u015fan gev\u015feme h\u0131zlar\u0131 GBP\/USD paritesi \u00fczerinde bask\u0131 olu\u015fturdu; parite \u015fu s\u0131ralar 1,2950 civar\u0131nda i\u015flem g\u00f6r\u00fcyor. 2025\u2019te \u201cy\u00fcksek getiri beklentisi\u201d (faiz y\u00fcksek kal\u0131rsa para birimi talebi artabilir) ile gelen sterlin deste\u011fi, BoE\u2019nin g\u00fcvercinle\u015fmesiyle (dovish: faiz indirimi e\u011filimi) kayboldu. Piyasa y\u0131l sonuna kadar en az iki ek BoE faiz indirimi daha fiyatl\u0131yor; bu da sterlindeki g\u00fc\u00e7l\u00fc y\u00fckseli\u015fleri s\u0131n\u0131rl\u0131yor.\n\nT\u00fcrev \u00fcr\u00fcn (derivative: de\u011feri d\u00f6viz, faiz gibi ba\u015fka bir varl\u0131\u011fa ba\u011fl\u0131 s\u00f6zle\u015fmeler) i\u015flemi yapanlar i\u00e7in bu, oynakl\u0131k (volatility: fiyat dalgalanmas\u0131) beklentilerinin \u201cfaiz indirimi ortam\u0131na\u201d g\u00f6re ayarlanmas\u0131 gerekti\u011fi anlam\u0131na geliyor. GBP\/USD put opsiyonu (put: belirli fiyattan satma hakk\u0131 veren opsiyon) almak, \u00f6zellikle \u0130ngiltere b\u00fcy\u00fcme verileri daha da zay\u0131flarsa, BoE\u2019nin gev\u015feme h\u0131z\u0131n\u0131n artmas\u0131na kar\u015f\u0131 pozisyon almak i\u00e7in bir yol olabilir. Sterlin opsiyonlar\u0131nda ima edilen oynakl\u0131k (implied volatility: opsiyon fiyat\u0131na yans\u0131yan beklenen dalgalanma) 2025\u2019te jeopolitik gerilimler s\u0131ras\u0131nda g\u00f6r\u00fclen zirvelerden geriledi.\n\nOrta Do\u011fu \u00e7at\u0131\u015fmas\u0131na ve enerji fiyatlar\u0131na etkisine ili\u015fkin endi\u015feler b\u00fcy\u00fck \u00f6l\u00e7\u00fcde azald\u0131. Brent petrol (Brent Crude: Avrupa\u2019da referans al\u0131nan ham petrol t\u00fcr\u00fc) fiyatlar\u0131 varil ba\u015f\u0131na 75 dolar civar\u0131nda dengelendi; bu, ge\u00e7en y\u0131l enflasyon tahminlerinin yukar\u0131 \u00e7ekilmesine yol a\u00e7an s\u0131\u00e7ramalara g\u00f6re belirgin bir fark. Bu durum, merkez bankalar\u0131n\u0131n daha \u00f6nce s\u00fcrd\u00fcrd\u00fc\u011f\u00fc uzun s\u00fcreli \u015fahin duru\u015f (hawkish: faiz art\u0131r\u0131m\u0131 e\u011filimi) i\u00e7in \u00f6nemli bir deste\u011fi ortadan kald\u0131rd\u0131.\n

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Hemen i\u015flem yapmaya ba\u015flay\u0131n – Ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in buraya<\/a> t\u0131klay\u0131n <\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":"

Sterlinde ralli \u00e7\u00f6kt\u00fc: BoE\u2019nin g\u00fcvercinle\u015fmesi ve Fed\u2019in daha temkinli gev\u015femesi GBP\/USD\u2019yi bask\u0131l\u0131yor. Dolar g\u00fc\u00e7lenirken parite 1,3380\u2019den geriledi; piyasalar ek BoE indirimlerini fiyatl\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-30837","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\/30837","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=30837"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30837\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=30837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=30837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=30837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}