USD\/JPY, \u00c7ar\u015famba g\u00fcn\u00fc Asya i\u015flemlerinde dar bir bantta hareket ederek 159,30 civar\u0131nda i\u015flem g\u00f6rd\u00fc. Bu seviye, bir \u00f6nceki g\u00fcn g\u00f6r\u00fclen bir haftan\u0131n zirvesinin hemen alt\u0131ndayd\u0131 ve parite (iki para biriminin birbirine kar\u015f\u0131 de\u011feri) son bir aydaki bant i\u00e7inde kald\u0131.<\/p>\n
Yen, H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019ndan (k\u00fcresel petrol ve LNG ta\u015f\u0131mac\u0131l\u0131\u011f\u0131 i\u00e7in kritik deniz ge\u00e7idi) ge\u00e7en sevkiyatlar\u0131n aksamas\u0131na ba\u011fl\u0131 enerji arz\u0131 endi\u015feleri nedeniyle zay\u0131f kald\u0131. Sal\u0131 g\u00fcn\u00fc ABD Ba\u015fkan\u0131 Donald Trump, ABD Donanmas\u0131\u2019n\u0131n (ABD\u2019nin deniz kuvvetleri) \u0130ran limanlar\u0131na y\u00f6nelik deniz ablukas\u0131n\u0131n (denizden giri\u015f-\u00e7\u0131k\u0131\u015f\u0131n engellenmesi) s\u00fcrece\u011fini s\u00f6yledi. \u0130ran ordusu da abluka devam etti\u011fi s\u00fcrece su yolunu yeniden a\u00e7mayaca\u011f\u0131n\u0131 belirtti.<\/p>\n
Japonya Merkez Bankas\u0131\u2019n\u0131n (BoJ) Nisan toplant\u0131s\u0131nda faizi de\u011fi\u015ftirmeyece\u011fi beklentisi de yeni bask\u0131lad\u0131. Reuters, Sal\u0131 g\u00fcn\u00fc kaynaklara dayand\u0131rd\u0131\u011f\u0131 haberinde, BoJ\u2019un artan enflasyon bask\u0131lar\u0131 nedeniyle Haziran gibi erken bir tarihte bor\u00e7lanma maliyetlerini (faiz oranlar\u0131n\u0131) art\u0131rabilece\u011fine dair sinyal verebilece\u011fini aktard\u0131. Buna kar\u015f\u0131n, piyasa m\u00fcdahalesi (yetkililerin d\u00f6viz al\u0131m-sat\u0131m\u0131yla kuru etkilemesi) endi\u015fesi yenin daha fazla de\u011fer kayb\u0131n\u0131 s\u0131n\u0131rlad\u0131.<\/p>\n
ABD dolar\u0131 ise Trump\u2019\u0131n, s\u00fcresi dolmak \u00fczere olan \u0130ran ile ate\u015fkesin (\u00e7at\u0131\u015fmalar\u0131n durmas\u0131) s\u00fcresiz uzat\u0131ld\u0131\u011f\u0131n\u0131 a\u00e7\u0131klamas\u0131n\u0131n ard\u0131ndan artan iyimserlikle bask\u0131 alt\u0131nda kald\u0131. Ham petrol fiyatlar\u0131ndaki s\u0131n\u0131rl\u0131 d\u00fc\u015f\u00fc\u015f enflasyon endi\u015felerini azaltt\u0131; ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) faiz art\u0131rma olas\u0131l\u0131\u011f\u0131n\u0131n zay\u0131flamas\u0131 da dolar\u0131 a\u015fa\u011f\u0131 \u00e7ekerek USD\/JPY\u2019de y\u00fckseli\u015fi s\u0131n\u0131rlad\u0131.<\/p>\n
Yatay banttan net bir y\u00fckseli\u015f trendine ge\u00e7i\u015fle birlikte, t\u00fcrev \u00fcr\u00fcn (de\u011feri d\u00f6viz kuru gibi bir varl\u0131\u011fa ba\u011fl\u0131 kontrat; opsiyon gibi) i\u015flem stratejilerinin de de\u011fi\u015fmesi gerekiyor. Ge\u00e7en y\u0131l, durgun piyasada prim (opsiyon satan\u0131n pe\u015fin ald\u0131\u011f\u0131 \u00fccret) toplamak i\u00e7in opsiyon satmak yayg\u0131nd\u0131. Ancak bu yakla\u015f\u0131m art\u0131k y\u00fcksek risk ta\u015f\u0131yor. Bunun yerine, y\u00fckseli\u015fin s\u00fcrmesinden faydalan\u0131rken riski s\u0131n\u0131rlayan opsiyon al\u0131mlar\u0131 \u00f6ne \u00e7\u0131k\u0131yor. \u00d6rne\u011fin uzun call spread (y\u00fckseli\u015f y\u00f6nl\u00fc, biri al\u0131m opsiyonu al\u0131p di\u011feri daha yukar\u0131 fiyattan al\u0131m opsiyonu satarak maliyeti ve riski s\u0131n\u0131rlayan strateji) daha cazip g\u00f6r\u00fcn\u00fcyor.<\/p>\n
Buna ra\u011fmen, Japon yetkililerin yeni g\u00fc\u00e7lendirmek i\u00e7in do\u011frudan m\u00fcdahale (kurda ani etki yaratacak resmi d\u00f6viz i\u015flemi) ihtimali \u00e7ok y\u00fcksek. Ani ve sert bir d\u00fc\u015f\u00fc\u015f riskini y\u00f6netmek i\u00e7in yat\u0131r\u0131mc\u0131lar \u201cout-of-the-money\u201d (kullan\u0131m fiyat\u0131 mevcut kurun d\u0131\u015f\u0131nda kald\u0131\u011f\u0131 i\u00e7in \u015fimdilik kazan\u00e7 sa\u011flamayan) put opsiyonlar\u0131 (d\u00fc\u015f\u00fc\u015ften kazand\u0131ran opsiyon) almay\u0131 d\u00fc\u015f\u00fcnebilir. Bu, bir t\u00fcr sigorta i\u015flevi g\u00f6rerek y\u00fckseli\u015f pozisyonunu korurken, devlet kaynakl\u0131 sert bir geri d\u00f6n\u00fc\u015fe kar\u015f\u0131 koruma sa\u011flar.<\/p>\n","protected":false},"excerpt":{"rendered":"
USD\/JPY 159,30\u2019da s\u0131k\u0131\u015f\u0131k: H\u00fcrm\u00fcz gerilimi yeni zay\u0131flat\u0131rken BoJ\u2019un Nisan\u2019da pas ge\u00e7ece\u011fi fiyatlan\u0131yor. Trump\u2019\u0131n ate\u015fkes mesaj\u0131 dolar\u0131 bask\u0131l\u0131yor. Opsiyonda call spread, m\u00fcdahaleye kar\u015f\u0131 OTM put sigortas\u0131 \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-45183","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\/45183","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=45183"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/45183\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=45183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=45183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=45183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}