{"id":43878,"date":"2026-04-06T07:16:50","date_gmt":"2026-04-06T07:16:50","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/orta-dogu-gerilimlerinin-dolara-talebi-artirmasiyla-usd-chf-08000-uzerinde-kaldi-uc-gunluk-yukselisini-surdurdu\/"},"modified":"2026-04-06T07:16:50","modified_gmt":"2026-04-06T07:16:50","slug":"orta-dogu-gerilimlerinin-dolara-talebi-artirmasiyla-usd-chf-08000-uzerinde-kaldi-uc-gunluk-yukselisini-surdurdu","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/orta-dogu-gerilimlerinin-dolara-talebi-artirmasiyla-usd-chf-08000-uzerinde-kaldi-uc-gunluk-yukselisini-surdurdu\/","title":{"rendered":"Orta Do\u011fu gerilimlerinin dolara talebi art\u0131rmas\u0131yla USD\/CHF 0,8000 \u00fczerinde kald\u0131, \u00fc\u00e7 g\u00fcnl\u00fck y\u00fckseli\u015fini s\u00fcrd\u00fcrd\u00fc"},"content":{"rendered":"USD\/CHF \u00fc\u00e7\u00fcnc\u00fc g\u00fcnde de y\u00fckseldi ve Pazartesi Asya i\u015flemlerinde 0,8010 civar\u0131nda i\u015flem g\u00f6rd\u00fc. Orta Do\u011fu\u2019daki belirsizli\u011fin yaratt\u0131\u011f\u0131 \u201cg\u00fcvenli liman\u201d (risk art\u0131nca tercih edilen varl\u0131k) talebiyle ABD Dolar\u0131 g\u00fc\u00e7lenirken parite 0,8000\u2019in \u00fczerinde kald\u0131. \n\nHaberlere g\u00f6re ABD, \u0130ran ve b\u00f6lgesel arabulucular olas\u0131 45 g\u00fcnl\u00fck ate\u015fkesin \u015fartlar\u0131n\u0131 g\u00f6r\u00fc\u015f\u00fcyor. Axios\u2019un Bloomberg arac\u0131l\u0131\u011f\u0131yla aktard\u0131\u011f\u0131 ve ad\u0131 a\u00e7\u0131klanmayan kaynaklar, \u00f6n\u00fcm\u00fczdeki 48 saat i\u00e7inde anla\u015fma olas\u0131l\u0131\u011f\u0131n\u0131n d\u00fc\u015f\u00fck oldu\u011funu s\u00f6yledi. \n\n

Orta Do\u011fu Riski ve Dolara Talep<\/h3> \nBa\u015fkan Trump, \u0130ran\u2019a H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019n\u0131 Sal\u0131 g\u00fcn\u00fcne kadar yeniden a\u00e7mas\u0131 i\u00e7in s\u00fcre verdi ve elektrik santralleri ile di\u011fer sivil altyap\u0131lara y\u00f6nelik tehditlerde bulundu. \u0130ranl\u0131 yetkililer, ABD ile ba\u011flant\u0131l\u0131 altyap\u0131ya misilleme uyar\u0131s\u0131 yapt\u0131 ve bo\u011faz\u0131n, sava\u015f kaynakl\u0131 hasar i\u00e7in tazminat sa\u011flanana kadar kapal\u0131 kalaca\u011f\u0131n\u0131 belirtti. \n\nArtan enerji fiyatlar\u0131, enflasyon (fiyatlar\u0131n genel d\u00fczeyinde art\u0131\u015f) kal\u0131c\u0131 kal\u0131rsa ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) faiz indirimlerini geciktirebilece\u011fi ve y\u0131l\u0131n ilerleyen d\u00f6neminde bor\u00e7lanma maliyetlerini (faizleri) art\u0131rabilece\u011fi beklentilerini g\u00fc\u00e7lendirdi. Piyasalar, para politikas\u0131 sinyalleri i\u00e7in FOMC Toplant\u0131 Tutanaklar\u0131\u2019na (Fed\u2019in faiz karar toplant\u0131s\u0131n\u0131n ayr\u0131nt\u0131l\u0131 tutana\u011f\u0131) odakland\u0131. \n\n\u0130svi\u00e7re\u2019de enflasyon verileri, \u0130svi\u00e7re Merkez Bankas\u0131\u2019n\u0131n (SNB) para politikas\u0131n\u0131 de\u011fi\u015ftirme bask\u0131s\u0131n\u0131 azaltt\u0131. Mart\u2019ta y\u0131ll\u0131k enflasyon %0,3 ile son bir y\u0131l\u0131n en y\u00fcksek seviyesine \u00e7\u0131kt\u0131 ve SNB\u2019nin %0\u2013%2 hedef aral\u0131\u011f\u0131n\u0131n alt band\u0131na yak\u0131n seyretti. \n\n

Riskten Ka\u00e7\u0131\u015f Ortam\u0131nda \u0130\u015flem Dalgalanmas\u0131<\/h3> \nBelirsizli\u011fin artt\u0131\u011f\u0131 bu ortam, \u201cvolatilite\u201d (fiyat oynakl\u0131\u011f\u0131) \u00fczerinden pozisyon almay\u0131 daha cazip hale getiriyor. VIX endeksi (piyasan\u0131n beklenen oynakl\u0131\u011f\u0131n\u0131 g\u00f6steren \u201ckorku endeksi\u201d) son d\u00f6nemde 17\u2019ye y\u00fckselerek y\u0131l ba\u015f\u0131ndaki 12 civar\u0131ndaki d\u00fc\u015f\u00fck seviyelerden uzakla\u015ft\u0131; bu da piyasan\u0131n daha fazla risk fiyatlad\u0131\u011f\u0131na i\u015faret ediyor. USD\/CHF gibi d\u00f6viz \u00e7iftlerinde \u201cstraddle\u201d gibi opsiyon stratejileri (ayn\u0131 anda al\u0131m ve sat\u0131m opsiyonu alarak b\u00fcy\u00fck hareketten y\u00f6n fark etmeksizin yararlanma) fiyat\u0131n g\u00fc\u00e7l\u00fc hareket etmesi durumunda kazan\u00e7 sa\u011flayabilir. \n\nFed ile SNB aras\u0131ndaki politika fark\u0131 izlenmesi gereken ana unsur. ABD\u2019de enflasyon y\u00fcksek seyrediyor; son T\u00fcketici Fiyat Endeksi (T\u00dcFE, hanehalk\u0131 fiyatlar\u0131n\u0131n genel \u00f6l\u00e7\u00fcm\u00fc) y\u0131ll\u0131k %3,5 art\u0131\u015f g\u00f6sterdi ve bu tablo Fed\u2019i faiz indiriminde temkinli tutuyor. Buna kar\u015f\u0131l\u0131k \u0130svi\u00e7re\u2019de enflasyon %1,0 seviyesinde. Bu ortam SNB\u2019nin Mart\u2019ta politika faizini %1,5\u2019e indirmesine olanak verdi; SNB bu ad\u0131m\u0131 atan ilk b\u00fcy\u00fck merkez bankas\u0131 oldu. \n\nEnerji fiyatlar\u0131ndaki sert y\u00fckseli\u015f Fed\u2019in i\u015fini zorla\u015ft\u0131r\u0131rken dolar\u0131 destekliyor. Brent petrol bu y\u0131l %15\u2019ten fazla y\u00fckselerek varil ba\u015f\u0131na 90 dolar\u0131n \u00fczerinde i\u015flem g\u00f6r\u00fcyor; bunun temel nedeni devam eden arz riskleri (\u00fcretim\/ta\u015f\u0131mada kesinti olas\u0131l\u0131\u011f\u0131). Y\u00fcksek enerji maliyetleri enflasyonu besledi\u011fi i\u00e7in Fed\u2019in faiz indirimlerini y\u0131l\u0131n ikinci yar\u0131s\u0131na ertelemesi ihtimalini g\u00fc\u00e7lendiriyor. \n\nSNB\u2019nin \u201cg\u00fcvercin\u201d duru\u015fu (faiz indirimi ve gev\u015fek para politikas\u0131na daha yak\u0131n tav\u0131r) nedeniyle \u0130svi\u00e7re frang\u0131 \u201cfonlama para birimi\u201d olarak kullan\u0131labiliyor. Bu, yat\u0131r\u0131mc\u0131lar\u0131n d\u00fc\u015f\u00fck faizli frankla bor\u00e7lan\u0131p ABD Dolar\u0131 gibi daha y\u00fcksek faizli para birimlerine yat\u0131r\u0131m yapmas\u0131 anlam\u0131na gelen \u201ccarry trade\u201d (faiz fark\u0131 i\u015flemi) ak\u0131\u015f\u0131n\u0131 destekler. Bu sermaye hareketi, \u00f6n\u00fcm\u00fczdeki haftalarda frank \u00fczerinde a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131 olu\u015fturabilir.\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":"

Piyasada alarm zilleri: USD\/CHF \u00fc\u00e7\u00fcnc\u00fc g\u00fcnde y\u00fckselip 0,8010\u2019da. Orta Do\u011fu riski dolar\u0131 \u201cg\u00fcvenli liman\u201d yaparken, petrol-enflasyon Fed\u2019i s\u0131k\u0131\u015ft\u0131r\u0131yor; g\u00fcvercin SNB carry trade\u2019i besliyor.<\/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-43878","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\/43878","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=43878"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/43878\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=43878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=43878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=43878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}