{"id":43573,"date":"2026-03-30T00:01:58","date_gmt":"2026-03-30T00:01:58","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/orta-dogudaki-savas-besinci-haftasina-girerken-yen-abd-dolari-karsisinda-daha-da-zayifliyor\/"},"modified":"2026-03-30T00:01:58","modified_gmt":"2026-03-30T00:01:58","slug":"orta-dogudaki-savas-besinci-haftasina-girerken-yen-abd-dolari-karsisinda-daha-da-zayifliyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/orta-dogudaki-savas-besinci-haftasina-girerken-yen-abd-dolari-karsisinda-daha-da-zayifliyor\/","title":{"rendered":"Orta Do\u011fu\u2019daki sava\u015f be\u015finci haftas\u0131na girerken yen ABD dolar\u0131 kar\u015f\u0131s\u0131nda daha da zay\u0131fl\u0131yor"},"content":{"rendered":"Japon Yeni, Pazartesi Asya i\u015flemlerinin ba\u015f\u0131nda ABD Dolar\u0131 kar\u015f\u0131s\u0131nda de\u011fer kaybetti. USD\/JPY (dolar\/yen paritesi) 160,50 civar\u0131na y\u00fckselerek Temmuz 2024\u2019ten bu yana en y\u00fcksek seviyeyi g\u00f6rd\u00fc.\n\nOrta Do\u011fu\u2019daki \u00e7at\u0131\u015fmalar, m\u00fczakere edilmi\u015f bir ate\u015fkes haberi gelmeden be\u015finci haftas\u0131na girdi. Hafta sonu Yemen\u2019deki \u0130ran destekli Husilerin \u0130srail\u2019e sald\u0131r\u0131 d\u00fczenlemesinin ard\u0131ndan \u00e7at\u0131\u015fmalar K\u00f6rfez b\u00f6lgesine do\u011fru geni\u015fledi.\n\n\u0130srail, Pazartesi sabah erken saatlerde Yemen\u2019den g\u00f6nderilen iki insans\u0131z hava arac\u0131n\u0131 (drone) d\u00fc\u015f\u00fcrd\u00fc\u011f\u00fcn\u00fc a\u00e7\u0131klad\u0131. Piyasalar, K\u0131z\u0131ldeniz\u2019deki deniz ta\u015f\u0131mac\u0131l\u0131\u011f\u0131na y\u00f6nelik tehditlerin k\u00fcresel ekonomiye zarar verebilece\u011finden endi\u015fe ediyor.\n\nRisk i\u015ftah\u0131n\u0131n d\u00fc\u015f\u00fck kalmas\u0131yla (yat\u0131r\u0131mc\u0131lar\u0131n riskli varl\u0131klardan ka\u00e7\u0131nmas\u0131) ABD Dolar\u0131\u2019na talep artt\u0131. Dolar\u0131n \u201cg\u00fcvenli liman\u201d (belirsizlikte tercih edilen para birimi) ve \u201crezerv para\u201d (merkez bankalar\u0131n\u0131n tuttu\u011fu ana para birimi) rol\u00fc bu talebi destekledi. Artan dolar talebi Yen \u00fczerinde bask\u0131 kurarak pariteyi yukar\u0131 ta\u015f\u0131d\u0131.\n\nUSD\/JPY\u2019de y\u00fckseli\u015f, Japonya\u2019n\u0131n d\u00f6viz piyasas\u0131na m\u00fcdahale (kur hareketini s\u0131n\u0131rlamak i\u00e7in merkez bankas\u0131\/otoritenin al\u0131m-sat\u0131m yapmas\u0131) riski nedeniyle s\u0131n\u0131rl\u0131 kalabilir. Ayr\u0131ca Japonya Merkez Bankas\u0131\u2019n\u0131n (BoJ) yakla\u015fan toplant\u0131s\u0131nda faiz art\u0131rmas\u0131 halinde Yen destek bulabilir.\n\nPiyasan\u0131n oda\u011f\u0131nda, BoJ\u2019un Mart toplant\u0131s\u0131na ili\u015fkin \u201cG\u00f6r\u00fc\u015f \u00d6zeti\u201d (\u00fcyelerin de\u011ferlendirmelerini i\u00e7eren tutanak benzeri metin) yer al\u0131yor.\n\nO d\u00f6nemde bekledi\u011fimiz gibi, zirve uzun s\u00fcrmedi; \u00e7\u00fcnk\u00fc Japon yetkililerin m\u00fcdahale ihtimali giderek g\u00fc\u00e7lenmi\u015fti. Nitekim Kas\u0131m 2025\u2019te, \u00f6nemli tutarda yen al\u0131m\u0131yla piyasaya girdiler. Bu ad\u0131m, 2022\u2019de benzer operasyonlarda kullan\u0131lan 9 trilyon yenin (60 milyar dolar) \u00fczerindeki b\u00fcy\u00fckl\u00fc\u011f\u00fc hat\u0131rlatt\u0131. M\u00fcdahale, parite i\u00e7in sert bir \u201ctavan\u201d olu\u015fturarak h\u0131zl\u0131 bir geri d\u00f6n\u00fc\u015f\u00fc tetikledi.\n\nBoJ da piyasa beklentileri do\u011frultusunda hareket ederek Ocak 2026\u2019da s\u0131n\u0131rl\u0131 bir faiz art\u0131\u015f\u0131yla politika faizini %0,25\u2019e \u00e7\u0131kard\u0131. Bu ad\u0131m, Mart 2024\u2019te negatif faizi bitirmeleriyle ba\u015flayan \u201cpolitika normalle\u015fmesini\u201d (ola\u011fan d\u0131\u015f\u0131 gev\u015fek para politikas\u0131ndan daha normal seviyelere d\u00f6n\u00fc\u015f) s\u00fcrd\u00fcrd\u00fc. B\u00f6ylece ABD ile aras\u0131ndaki \u201cfaiz fark\u0131\u201d (iki \u00fclkenin faizleri aras\u0131ndaki makas) bir miktar darald\u0131 ve parite \u00fczerinde a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131 artt\u0131.\n\nBug\u00fcn USD\/JPY \u00e7ok daha a\u015fa\u011f\u0131da, 148,50 civar\u0131nda i\u015flem g\u00f6r\u00fcrken, o d\u00f6nemdeki y\u00fcksek oynakl\u0131\u011f\u0131n (fiyat\u0131n h\u0131zl\u0131 ve sert dalgalanmas\u0131) hat\u0131ras\u0131 \u00f6nemini koruyor. ABD\u2019de faizlerin h\u00e2l\u00e2 %5,50, Japonya\u2019da %0,25 seviyesinde olmas\u0131 paritenin ana belirleyicisi olmaya devam ediyor; ancak piyasa art\u0131k Tokyo\u2019dan gelen resmi uyar\u0131lara kar\u015f\u0131 \u00e7ok daha hassas. Bu da istikrarl\u0131 bir trendden ziyade ani ve sert hareketlerin daha olas\u0131 oldu\u011fu bir ortam yarat\u0131yor.\n\n\u201cT\u00fcrev\u201d (de\u011feri d\u00f6viz kuru gibi bir dayanak varl\u0131\u011fa ba\u011fl\u0131 s\u00f6zle\u015fmeler) i\u015flemi yapanlar a\u00e7\u0131s\u0131ndan bu tablo, USD\/JPY opsiyonlar\u0131nda \u201c\u00f6rt\u00fck oynakl\u0131\u011f\u0131n\u201d (opsiyon fiyatlar\u0131n\u0131n ima etti\u011fi beklenen dalgalanma) y\u00fcksek kalabilece\u011fine i\u015faret ediyor. \u00d6rne\u011fin \u201cuzun straddle\u201d (ayn\u0131 vade ve kullan\u0131m fiyat\u0131nda bir al\u0131m ve bir sat\u0131m opsiyonunu birlikte sat\u0131n alma) stratejisi i\u015fe yarayabilir; \u00e7\u00fcnk\u00fc y\u00f6n\u00fc tahmin etmeden, fiyat\u0131n hangi tarafa olursa olsun g\u00fc\u00e7l\u00fc hareketinden kazan\u00e7 hedefler.\n\nBir di\u011fer yakla\u015f\u0131m, oynakl\u0131\u011f\u0131n kendisini f\u0131rsat olarak g\u00f6rmektir. 160 seviyesine yak\u0131n b\u00f6lgede g\u00fc\u00e7l\u00fc \u201cdiren\u00e7\u201d (y\u00fckseli\u015fin zorland\u0131\u011f\u0131 seviye) olu\u015ftu\u011fu varsay\u0131m\u0131yla, mevcut seviyenin belirgin \u00fczerinde kullan\u0131m fiyat\u0131na sahip al\u0131m opsiyonlar\u0131n\u0131 satmak, \u201cprim\u201d (opsiyon sat\u0131c\u0131s\u0131n\u0131n pe\u015fin ald\u0131\u011f\u0131 bedel) toplamak i\u00e7in bir y\u00f6ntem olabilir. Bu strateji, Japon yetkililerin \u00f6n\u00fcm\u00fczdeki haftalarda a\u015f\u0131r\u0131 y\u00fckseli\u015fleri s\u0131n\u0131rlayaca\u011f\u0131 varsay\u0131m\u0131na dayan\u0131r.\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>S\u0131cak geli\u015fme: Yen, artan Orta Do\u011fu gerilimiyle zay\u0131flad\u0131; USD\/JPY 160,50\u2019yi test etti. Riskten ka\u00e7\u0131\u015f dolar\u0131 g\u00fc\u00e7lendirirken, Tokyo m\u00fcdahalesi ve BoJ faiz ad\u0131m\u0131 y\u00fckseli\u015fi s\u0131n\u0131rlayabilir; oynakl\u0131k y\u00fcksek kalabilir.<\/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-43573","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\/43573","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=43573"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/43573\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=43573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=43573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=43573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}