{"id":31006,"date":"2026-03-24T09:05:57","date_gmt":"2026-03-24T09:05:57","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/tirmanan-orta-dogu-catismasi-riskten-kacisi-artirdi-dolar-guclenirken-eur-usd-11600-seviyesinin-altina-geriledi\/"},"modified":"2026-03-24T09:05:57","modified_gmt":"2026-03-24T09:05:57","slug":"tirmanan-orta-dogu-catismasi-riskten-kacisi-artirdi-dolar-guclenirken-eur-usd-11600-seviyesinin-altina-geriledi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/tirmanan-orta-dogu-catismasi-riskten-kacisi-artirdi-dolar-guclenirken-eur-usd-11600-seviyesinin-altina-geriledi\/","title":{"rendered":"T\u0131rmanan Orta Do\u011fu \u00e7at\u0131\u015fmas\u0131 riskten ka\u00e7\u0131\u015f\u0131 art\u0131rd\u0131; dolar g\u00fc\u00e7lenirken EUR\/USD 1,1600 seviyesinin alt\u0131na geriledi"},"content":{"rendered":"EUR\/USD, k\u00fc\u00e7\u00fck y\u00fckseli\u015flerin ard\u0131ndan 1,1600 seviyesinin alt\u0131na indi ve Sal\u0131 g\u00fcn\u00fc Asya i\u015flemlerinde 1,1590 civar\u0131nda i\u015flem g\u00f6rd\u00fc. Bu hareket, Orta Do\u011fu\u2019daki \u00e7at\u0131\u015fmaya ba\u011fl\u0131 artan g\u00fcvenli liman talebi (riskten ka\u00e7\u0131\u015f; yat\u0131r\u0131mc\u0131lar\u0131n daha g\u00fcvenli varl\u0131klara y\u00f6nelmesi) nedeniyle ABD Dolar\u0131\u2019n\u0131n g\u00fc\u00e7lenmesiyle geldi.\n\nThe Guardian, \u0130srail\u2019in Tahran\u2019a yeni bir hava sald\u0131r\u0131s\u0131 dalgas\u0131 d\u00fczenledi\u011fini yazd\u0131. ABD Ba\u015fkan\u0131 Donald Trump, \u0130ran\u2019la g\u00f6r\u00fc\u015fmelerin ard\u0131ndan ABD\u2019nin enerji altyap\u0131s\u0131na y\u00f6nelik sald\u0131r\u0131lara ara verilece\u011fini ima ederken, \u0130srail operasyonlar\u0131n h\u00fck\u00fcmet talimatlar\u0131 do\u011frultusunda s\u00fcrece\u011fini s\u00f6yledi.\n\n<h3>Jeopolitik T\u0131rman\u0131\u015f Riskten Ka\u00e7\u0131\u015f\u0131 Art\u0131r\u0131yor<\/h3>\n\u0130ran D\u0131\u015fi\u015fleri Bakan\u0131 Abbas Araghchi, Washington ile \u201cdiyalog olmad\u0131\u011f\u0131n\u0131\u201d s\u00f6yledi. Meclis Ba\u015fkan\u0131 Mohammad Bagher Ghalibaf, \u201cABD ile m\u00fczakere yap\u0131lmad\u0131\u201d derken, dan\u0131\u015fman Mohsen Rezaei ise \u0130ran\u2019\u0131n zarar\u0131n tamam\u0131 telafi edilene kadar sava\u015f\u0131n s\u00fcrece\u011fini ifade etti.\n\nReuters\u2019a g\u00f6re, San Francisco Fed Ba\u015fkan\u0131 Mary Daly, \u00e7at\u0131\u015fma h\u0131zl\u0131 bitmez ve petrol fiyatlar\u0131ndaki art\u0131\u015f ge\u00e7ici olmazsa bir sonraki faiz ad\u0131m\u0131n\u0131n (politika faizi; merkez bankas\u0131n\u0131n ekonomiyi y\u00f6nlendirmek i\u00e7in belirledi\u011fi temel faiz) belirsiz oldu\u011funu s\u00f6yledi. Y\u00fckselen petrol fiyatlar\u0131 enflasyon (fiyat art\u0131\u015flar\u0131) endi\u015felerini b\u00fcy\u00fct\u00fcrken, merkez bankas\u0131 politikas\u0131 beklentilerini de etkiliyor.\n\nECB (Avrupa Merkez Bankas\u0131), ge\u00e7en hafta faizleri de\u011fi\u015ftirmedi ve \u0130ran \u00e7at\u0131\u015fmas\u0131 nedeniyle g\u00f6r\u00fcn\u00fcm\u00fcn \u201cbelirgin \u015fekilde daha belirsiz\u201d hale geldi\u011fini belirtti. 2022\u2019de Euro, d\u00f6viz i\u015flemlerinin %31\u2019ini olu\u015fturdu; g\u00fcnl\u00fck ortalama i\u015flem hacmi 2,2 trilyon dolar\u0131n \u00fczerindeydi. EUR\/USD i\u015flemlerin yakla\u015f\u0131k %30\u2019unu, EUR\/JPY %4\u2019\u00fcn\u00fc, EUR\/GBP %3\u2019\u00fcn\u00fc ve EUR\/AUD %2\u2019sini olu\u015fturuyor.\n\nOrta Do\u011fu\u2019daki t\u0131rman\u0131\u015f ana etken olmaya devam ediyor; para, g\u00fcvenli liman olarak g\u00f6r\u00fclen ABD Dolar\u0131\u2019na y\u00f6neliyor. CBOE Volatilite Endeksi\u2019nin (VIX; piyasadaki oynakl\u0131k ve belirsizlik g\u00f6stergesi) ge\u00e7en hafta 25\u2019in \u00fczerine \u00e7\u0131karak 2025 sonundaki bankac\u0131l\u0131k kaynakl\u0131 dalgalanmadan bu yana en y\u00fcksek seviyesine ula\u015ft\u0131\u011f\u0131n\u0131 g\u00f6rd\u00fck. Bu \u201criskten ka\u00e7\u0131\u015f\u201d ortam\u0131, \u015fu anda EUR\/USD \u00fczerinde bask\u0131 kuran temel unsur.\n\nEkonomik etkinin ilk yans\u0131mas\u0131 enerji piyasalar\u0131nda g\u00f6r\u00fcl\u00fcyor: Brent petrol vadeli i\u015flemleri (futures; ileri tarihte al\u0131m-sat\u0131m i\u00e7in yap\u0131lan s\u00f6zle\u015fmeler) varil ba\u015f\u0131na 110 dolar\u0131n \u00fczerine \u00e7\u0131kt\u0131. Bu durum enflasyon beklentilerini art\u0131r\u0131yor. Euro B\u00f6lgesi Uyumla\u015ft\u0131r\u0131lm\u0131\u015f T\u00fcketici Fiyat Endeksi (HICP; \u00fclkeler aras\u0131nda kar\u015f\u0131la\u015ft\u0131r\u0131labilir enflasyon g\u00f6stergesi) \u015eubat\u2019ta 2,8\u2019e y\u00fckselmi\u015fti. Ekonomi yava\u015flarken, bu tablo ECB \u00fczerinde ad\u0131m atmas\u0131 y\u00f6n\u00fcnde bask\u0131 yarat\u0131yor.\n\n<h3>Faiz ve D\u00f6vizde Oynakl\u0131\u011fa G\u00f6re Konumlanma<\/h3>\nT\u00fcrev \u00fcr\u00fcn (derivative; de\u011feri ba\u015fka bir varl\u0131\u011fa ba\u011fl\u0131 s\u00f6zle\u015fme) yat\u0131r\u0131mc\u0131lar\u0131 i\u00e7in tablo karma\u015f\u0131k; \u00e7\u00fcnk\u00fc merkez bankalar\u0131n\u0131n politikalar\u0131 ayr\u0131\u015f\u0131yor. Piyasa, enflasyonla m\u00fccadele i\u00e7in \u201c\u015fahin\u201d (faiz art\u0131\u015f\u0131na daha yatk\u0131n) bir ECB ihtimalini fiyatl\u0131yor. Ancak ge\u00e7en ay a\u00e7\u0131klanan Almanya PMI verisi (Sat\u0131nalma Y\u00f6neticileri Endeksi; ekonomik faaliyetin erken g\u00f6stergesi) 48,5\u2019e gerileyerek imalatta daralmaya i\u015faret etti. ECB, zay\u0131flayan b\u00fcy\u00fcme ortam\u0131nda para politikas\u0131n\u0131 s\u0131k\u0131la\u015ft\u0131rmay\u0131 (faiz art\u0131rma\/finansal ko\u015fullar\u0131 zorla\u015ft\u0131rma) de\u011ferlendirmek zorunda kal\u0131yor.\n\nBu belirsizlikte, belirli bir y\u00f6ne b\u00fcy\u00fck bahisler (fiyat\u0131n kesin artaca\u011f\u0131\/azalaca\u011f\u0131 \u00fczerine pozisyon) yerine oynakl\u0131\u011fa odaklanmak daha temkinli g\u00f6r\u00fcn\u00fcyor. Bir ayl\u0131k EUR\/USD opsiyonlar\u0131nda (options; belirli fiyattan alma-satma hakk\u0131 veren s\u00f6zle\u015fme) ima edilen oynakl\u0131k (implied volatility; opsiyon fiyatlar\u0131n\u0131n i\u015faret etti\u011fi beklenen dalgalanma) belirgin \u015fekilde y\u00fckseldi; bu da piyasan\u0131n daha sert fiyat hareketleri bekledi\u011fini g\u00f6steriyor. Uzun straddle gibi stratejiler (ayn\u0131 vadede al\u0131m ve sat\u0131m opsiyonunu birlikte alma; fiyat g\u00fc\u00e7l\u00fc hareket ederse kazanmay\u0131 hedefler), hareketin sava\u015f endi\u015fesinden mi yoksa merkez bankas\u0131ndan s\u00fcrpriz bir karardan m\u0131 kaynakland\u0131\u011f\u0131na bakmadan b\u00fcy\u00fck bir fiyat oynamas\u0131ndan faydalanacak \u015fekilde kurgulanabilir.\n\n2022\u2019deki enerji \u015fokunda piyasan\u0131n tepkisi bir \u201cyol haritas\u0131\u201d sunabilir. Avrupa\u2019n\u0131n enerjiye hassasiyeti ve genel riskten ka\u00e7\u0131\u015f nedeniyle Euro ilk etapta zay\u0131flam\u0131\u015ft\u0131. Ancak ard\u0131ndan gelen enflasyon, ECB\u2019yi piyasan\u0131n bekledi\u011finden daha sert bir faiz art\u0131r\u0131m\u0131 d\u00f6ng\u00fcs\u00fcne (rate-hiking cycle; birden fazla toplant\u0131da art arda faiz art\u0131r\u0131m\u0131) itmi\u015f, bu da y\u0131l\u0131n ilerleyen d\u00f6neminde paraya g\u00fc\u00e7l\u00fc destek vermi\u015fti.\n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Canl\u0131 VT Markets hesab\u0131n\u0131z\u0131 a\u00e7\u0131n<\/a>\u00a0ve\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">i\u015flem yapmaya ba\u015flay\u0131n<\/a>\u00a0. <\/b>\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>Piyasa diken \u00fcst\u00fcnde: Jeopolitik gerilimle g\u00fcvenli liman talebi USD\u2019yi g\u00fc\u00e7lendirdi, EUR\/USD 1,1600 alt\u0131na sarkt\u0131. Brent 110$ \u00fczeri, VIX 25+. ECB-Fed ayr\u0131\u015fmas\u0131 opsiyon oynakl\u0131\u011f\u0131n\u0131 y\u00fckseltti.<\/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-31006","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\/31006","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=31006"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/31006\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=31006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=31006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=31006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}