{"id":30914,"date":"2026-03-23T08:05:33","date_gmt":"2026-03-23T08:05:33","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/sahin-fed-gorunumu-ortaminda-xag-usd-6560-dolar-civarinda-seyrederken-bes-gunluk-dusus-serisini-uzatiyor\/"},"modified":"2026-03-23T08:05:33","modified_gmt":"2026-03-23T08:05:33","slug":"sahin-fed-gorunumu-ortaminda-xag-usd-6560-dolar-civarinda-seyrederken-bes-gunluk-dusus-serisini-uzatiyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/sahin-fed-gorunumu-ortaminda-xag-usd-6560-dolar-civarinda-seyrederken-bes-gunluk-dusus-serisini-uzatiyor\/","title":{"rendered":"\u015eahin Fed g\u00f6r\u00fcn\u00fcm\u00fc ortam\u0131nda XAG\/USD 65,60 dolar civar\u0131nda seyrederken be\u015f g\u00fcnl\u00fck d\u00fc\u015f\u00fc\u015f serisini uzat\u0131yor"},"content":{"rendered":"G\u00fcm\u00fc\u015f (XAG\/USD) art arda be\u015finci seansta geriledi; Pazartesi Asya i\u015flemlerinde ons ba\u015f\u0131na 65,60 dolar civar\u0131nda i\u015flem g\u00f6rd\u00fc. Orta Do\u011fu\u2019daki \u00e7at\u0131\u015fmayla ba\u011flant\u0131l\u0131 y\u00fckselen petrol fiyatlar\u0131, enflasyon (fiyat art\u0131\u015f\u0131) endi\u015felerini art\u0131rd\u0131 ve merkez bankalar\u0131n\u0131n daha s\u0131k\u0131 para politikas\u0131n\u0131 (faizleri y\u00fcksek tutma e\u011filimi) destekledi.\n\nHaberlere g\u00f6re ABD Ba\u015fkan\u0131 Donald Trump, \u0130ran\u2019a H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019n\u0131 yeniden a\u00e7mas\u0131 i\u00e7in 48 saat s\u00fcre verdi; aksi halde enerji altyap\u0131s\u0131na olas\u0131 sald\u0131r\u0131larla kar\u015f\u0131la\u015fabilece\u011fini s\u00f6yledi. Washington\u2019un ayr\u0131ca \u0130ran\u2019\u0131n \u00f6nemli petrol ihracat noktalar\u0131ndan Hark Adas\u0131\u2019n\u0131 ele ge\u00e7irmek i\u00e7in bir kara operasyonunu (karadan askeri m\u00fcdahale) de\u011ferlendirdi\u011fi bildiriliyor.\n\n<h3>\u0130ran, Bo\u011faz\u0131 Kapatma Tehdidinde Bulundu<\/h3>\n\u0130ran \u0130slam Devrim Muhaf\u0131zlar\u0131 Ordusu, ABD\u2019nin ad\u0131m atmas\u0131 halinde bo\u011faz\u0131 tamamen kapataca\u011f\u0131n\u0131 a\u00e7\u0131klad\u0131. Tahran ayr\u0131ca b\u00f6lgede ABD ve \u0130srail\u2019e ait varl\u0131klar\u0131 hedef alabilece\u011fini; enerji, bili\u015fim (IT: bilgi teknolojileri) ve deniz suyunu i\u00e7me suyuna \u00e7eviren tesisler (tuzdan ar\u0131nd\u0131rma) dahil tesisleri vurabilece\u011fini s\u00f6yledi.\n\nReuters, H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019ndaki aksaman\u0131n sevkiyat\u0131 etkilemesi nedeniyle Saudi Aramco\u2019nun Nisan\u2019da Asya\u2019daki al\u0131c\u0131lara ham petrol g\u00f6nderilerini \u00fcst \u00fcste ikinci ay azaltt\u0131\u011f\u0131n\u0131 yazd\u0131. Sevkiyatlar\u0131n K\u0131z\u0131ldeniz\u2019deki Yanbu liman\u0131ndan \u00e7\u0131kan Arab Light ham petrol\u00fcyle s\u0131n\u0131rland\u0131\u011f\u0131, bunun da Asya\u2019daki rafineriler i\u00e7in hammadde arz\u0131n\u0131 s\u0131k\u0131la\u015ft\u0131rd\u0131\u011f\u0131 ve \u00fcretimi s\u0131n\u0131rlad\u0131\u011f\u0131 belirtildi.\n\nYat\u0131r\u0131mc\u0131lar, enflasyon riskleri nedeniyle ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) y\u0131l sonuna kadar faiz art\u0131rma ihtimaline y\u00f6nelik beklentilerini y\u00fckseltti. ECB (Avrupa Merkez Bankas\u0131), BOE (\u0130ngiltere Merkez Bankas\u0131) ve BOJ (Japonya Merkez Bankas\u0131) ge\u00e7en hafta faizleri sabit tuttu; enflasyon kal\u0131c\u0131 olursa ek s\u0131k\u0131la\u015ft\u0131rmaya gidebileceklerini belirtti.\n\n<h3>Piyasalar \u0130\u00e7in Strateji Etkileri<\/h3>\nGe\u00e7en y\u0131lki petrol \u015fokunun yaratt\u0131\u011f\u0131 enflasyon korkular\u0131 ger\u00e7ekle\u015fti ve Fed\u2019in 2025 boyunca \u201c\u015fahin\u201d duru\u015funu (faizleri y\u00fckseltmeye yatk\u0131n tutum) s\u00fcrd\u00fcrmesine yol a\u00e7t\u0131. Ancak son veriler ABD T\u00dcFE\u2019nin (CPI: t\u00fcketici fiyat endeksi) y\u0131ll\u0131k y\u00fczde 2,6\u2019ya geriledi\u011fini g\u00f6steriyor; bu da Fed\u2019in faiz art\u0131r\u0131mlar\u0131n\u0131 bitirdi\u011fi g\u00f6r\u00fc\u015f\u00fcn\u00fc destekliyor. Buna ba\u011fl\u0131 olarak, faiz vadeli i\u015flemleriyle (faiz futures: faiz beklentilerine g\u00f6re fiyatlanan s\u00f6zle\u015fmeler) daha \u201cyatay\u201d bir getiri e\u011frisine (yield curve: k\u0131sa ve uzun vadeli tahvil faizleri fark\u0131) pozisyon almak mant\u0131kl\u0131 g\u00f6r\u00fclebilir; uzun vadeli faizlerin k\u0131sa vadeli faizlerden daha h\u0131zl\u0131 d\u00fc\u015fmesi beklenebilir.\n\nG\u00fcm\u00fc\u015f\u00fcn 2025\u2019te 60\u2019l\u0131 dolarlar\u0131n ortas\u0131na gerilemesi, piyasan\u0131n merkez bankas\u0131 s\u0131k\u0131la\u015fmas\u0131n\u0131 fiyatlamas\u0131n\u0131n do\u011frudan sonucuydu. Politika faizi (Federal Funds Rate: Fed\u2019in hedef k\u0131sa vadeli faizi) son iki \u00e7eyrektir y\u00fczde 5,50\u2019de sabitken, g\u00fcm\u00fc\u015f faiz getirisi olmayan varl\u0131k (non-yielding asset: faiz \u00f6demeyen) oldu\u011fu i\u00e7in g\u00fc\u00e7l\u00fc bir ivme yakalayamad\u0131. XAG\/USD\u2019de \u201chafif\u00e7e paran\u0131n d\u0131\u015f\u0131nda\u201d al\u0131m opsiyonu (out-of-the-money call: kullan\u0131m fiyat\u0131 mevcut fiyat\u0131n \u00fczerinde olan al\u0131m hakk\u0131) almak, ileride olas\u0131 faiz indirimi sinyalinde sert bir yukar\u0131 fiyatlamaya kar\u015f\u0131 f\u0131rsat sunabilir.\n\nH\u00fcrm\u00fcz \u00fcltimatomu d\u00f6neminde 2025\u2019te \u201cima edilen oynakl\u0131\u011f\u0131n\u201d (implied volatility: opsiyon fiyatlar\u0131n\u0131n i\u015faret etti\u011fi beklenen dalgalanma) artt\u0131\u011f\u0131, VIX endeksinin 35\u2019in \u00fczerine \u00e7\u0131kt\u0131\u011f\u0131 g\u00f6r\u00fclm\u00fc\u015ft\u00fc. VIX (piyasa korku endeksi: ABD hisse senedi oynakl\u0131k g\u00f6stergesi) daha sonra geriledi ve Mart 2026 sonu itibar\u0131yla 15-17 gibi daha sakin aral\u0131kta i\u015flem g\u00f6r\u00fcyor. Bu, VIX\u2019te \u201cal\u0131m opsiyonu spreddi\u201d (call spread: ayn\u0131 vadede iki farkl\u0131 kullan\u0131m fiyat\u0131yla opsiyon kombinasyonu) ile portf\u00f6y\u00fc olas\u0131 bir \u015foka kar\u015f\u0131 daha d\u00fc\u015f\u00fck maliyetle korumak i\u00e7in uygun bir seviye olabilir.\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>H\u00fcrm\u00fcz restle\u015fmesi piyasalar\u0131 geriyor: Petrol s\u0131\u00e7r\u0131yor, enflasyon\/sert para politikas\u0131 beklentisi g\u00fc\u00e7leniyor. XAG\/USD be\u015finci seansta 65,6$\u2019a indi. Fed-opsiyon stratejileri \u00f6ne \u00e7\u0131k\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-30914","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\/30914","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=30914"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30914\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=30914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=30914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=30914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}