{"id":43565,"date":"2026-03-28T05:06:21","date_gmt":"2026-03-28T05:06:21","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/cftc-verileri-japonyanin-ticari-olmayan-jpy-net-pozisyonlarinin-678-binden-628-bine-iyilestigini-gosterdi\/"},"modified":"2026-03-28T05:06:21","modified_gmt":"2026-03-28T05:06:21","slug":"cftc-verileri-japonyanin-ticari-olmayan-jpy-net-pozisyonlarinin-678-binden-628-bine-iyilestigini-gosterdi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/cftc-verileri-japonyanin-ticari-olmayan-jpy-net-pozisyonlarinin-678-binden-628-bine-iyilestigini-gosterdi\/","title":{"rendered":"CFTC verileri, Japonya\u2019n\u0131n ticari olmayan JPY net pozisyonlar\u0131n\u0131n -67,8 binden -62,8 bine iyile\u015fti\u011fini g\u00f6sterdi"},"content":{"rendered":"Japonya CFTC verileri, ticari olmayan (spek\u00fclatif) net JPY pozisyonlar\u0131n\u0131n -62,8 bin oldu\u011funu g\u00f6steriyor. Bir \u00f6nceki de\u011fer -67,8 bindi.\n\nSon veriler, Japon Yeni\u2019nde spek\u00fclatif net k\u0131sa pozisyonlar\u0131n (Yen\u2019in de\u011fer kayb\u0131na oynayan pozisyonlar) 67.800 s\u00f6zle\u015fmeden 62.800 s\u00f6zle\u015fmeye geriledi\u011fini g\u00f6steriyor. Bu, b\u00fcy\u00fck yat\u0131r\u0131mc\u0131lar\u0131n Yen\u2019e kar\u015f\u0131 bahislerini azaltt\u0131\u011f\u0131 anlam\u0131na geliyor. \u00dcst \u00fcste \u00fc\u00e7\u00fcnc\u00fc haftada k\u0131sa pozisyon kapat\u0131lmas\u0131, piyasa alg\u0131s\u0131nda (yat\u0131r\u0131mc\u0131lar\u0131n genel y\u00f6n beklentisi) olas\u0131 bir de\u011fi\u015fime i\u015faret ediyor.\n\n

Faiz Fark\u0131 Daral\u0131yor<\/h3>\nBu de\u011fi\u015fim, ABD ile Japonya aras\u0131ndaki faiz fark\u0131n\u0131n daralmaya ba\u015flamas\u0131yla ayn\u0131 d\u00f6neme denk geliyor. Mart ba\u015f\u0131ndaki zay\u0131f ABD istihdam verileri, ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) bu y\u0131l\u0131n \u00fc\u00e7\u00fcnc\u00fc \u00e7eyre\u011finde faiz indirimine ba\u015flayaca\u011f\u0131 beklentisini g\u00fc\u00e7lendirdi. \u00d6te yandan Japonya\u2019da enflasyon (fiyat art\u0131\u015f\u0131) y\u00fcksek kalmaya devam ediyor; Mart ay\u0131 Tokyo \u00e7ekirdek T\u00dcFE (g\u0131da ve enerji gibi oynak kalemler hari\u00e7 t\u00fcketici enflasyonu) %2,5 geldi. Bu da Japonya Merkez Bankas\u0131\u2019n\u0131n (BoJ) para politikas\u0131nda normalle\u015fmeyi (geni\u015flemeci politikadan daha s\u0131k\u0131\/normal seviyelere d\u00f6n\u00fc\u015f) s\u00fcrd\u00fcrmesi tart\u0131\u015fmalar\u0131n\u0131 art\u0131r\u0131yor.\n\nT\u00fcrev \u00fcr\u00fcn (kur, faiz gibi varl\u0131klara dayal\u0131 s\u00f6zle\u015fmeler) i\u015flemi yapanlar i\u00e7in bu durum, JPY\u2019de k\u0131sa pozisyon ta\u015f\u0131man\u0131n risk-getiri dengesini daha az cazip hale getiriyor. Bu strateji 2025 boyunca USD\/JPY\u2019nin (ABD Dolar\u0131\/Japon Yeni kuru) s\u0131k s\u0131k 160 seviyesinin \u00fczerine \u00e7\u0131kmas\u0131yla \u00e7ok kazand\u0131rd\u0131. Ancak temel dinamikler de\u011fi\u015ftik\u00e7e bu inan\u00e7 zay\u0131fl\u0131yor.\n\nBu nedenle b\u00fcy\u00fck JPY k\u0131sa pozisyonlar\u0131n\u0131 ta\u015f\u0131mak daha riskli g\u00f6r\u00fcn\u00fcyor. Yat\u0131r\u0131mc\u0131lar pozisyonu k\u00fc\u00e7\u00fcltmeyi veya Yen\u2019de sert bir y\u00fckseli\u015fe kar\u015f\u0131 korunmay\u0131 (hedge: olumsuz harekete kar\u015f\u0131 dengeleyici i\u015flem) de\u011ferlendirebilir. USD\/JPY opsiyonlar\u0131nda (belirli tarihe kadar belirli fiyattan al\u0131m-sat\u0131m hakk\u0131 veren s\u00f6zle\u015fmeler) oynakl\u0131k (volatilite: fiyat dalgalanma beklentisi) alt\u0131 ay\u0131n zirvesi olan %11,2\u2019ye \u00e7\u0131kt\u0131; bu da piyasan\u0131n al\u0131\u015f\u0131landan daha b\u00fcy\u00fck bir harekete haz\u0131rland\u0131\u011f\u0131n\u0131 g\u00f6steriyor.\n\n

Pozisyonlanma Riski Art\u0131yor<\/h3>\n

\n\n

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":"

S\u0131cak geli\u015fme: CFTC\u2019ye g\u00f6re spek\u00fclat\u00f6rlerin net JPY k\u0131sa pozisyonu -67,8 binden -62,8 bine indi. \u00dc\u00e7 haftad\u0131r \u00e7\u00f6z\u00fclme, faiz fark\u0131 daral\u0131rken alg\u0131 de\u011fi\u015fimine ve USD\/JPY volatilitesinde %11,2 zirvesine i\u015faret ediyor.<\/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-43565","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\/43565","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=43565"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/43565\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=43565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=43565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=43565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}