Sterlin, Birle\u015fik Krall\u0131k\u2019\u0131n mart ay\u0131 T\u00dcFE (T\u00fcketici Fiyat Endeksi: t\u00fcketicinin \u00f6dedi\u011fi fiyatlar\u0131n genel art\u0131\u015f\u0131n\u0131 g\u00f6steren enflasyon verisi) a\u00e7\u0131klamas\u0131 sonras\u0131 geriledi; ABD Dolar\u0131 kar\u015f\u0131s\u0131nda 1,3518 civar\u0131na inerken s\u0131n\u0131rl\u0131 art\u0131lar\u0131n\u0131 korudu. ONS (Ulusal \u0130statistik Ofisi) verilerine g\u00f6re man\u015fet T\u00dcFE (genel enflasyon) \u015fubattaki %3\u2019ten y\u0131ll\u0131k bazda %3,3\u2019e y\u00fckseldi ve beklentiye paralel geldi.<\/p>\n
\u00c7ekirdek T\u00dcFE (g\u0131da, enerji, alkol ve t\u00fct\u00fcn hari\u00e7 enflasyon) y\u0131ll\u0131k %3,1 artt\u0131; %3,2\u2019lik tahminin alt\u0131nda kald\u0131.<\/p>\n
GBP\/USD, \u00e7ar\u015famba Asya i\u015flemlerinde s\u0131n\u0131rl\u0131 kay\u0131plar\u0131n ard\u0131ndan 1,3510 civar\u0131ndayd\u0131 ve 1,3500\u2019e yak\u0131n seyretti. ABD Dolar\u0131, bir raporda Donald Trump\u2019\u0131n \u0130ran ile ate\u015fkesi g\u00f6r\u00fc\u015fmeler ilerleyene kadar uzataca\u011f\u0131 iddias\u0131 sonras\u0131 yatay kald\u0131.<\/p>\n
Haberlerde ayr\u0131ca JD Vance\u2019in, Tahran\u2019\u0131n Pakistan \u00fczerinden Washington\u2019a \u201ckat\u0131lmayaca\u011f\u0131\u201d mesaj\u0131n\u0131 iletmesinin ard\u0131ndan \u0130slamabad\u2019a planlanan ziyaretini iptal etti\u011fi belirtildi. Sal\u0131 g\u00fcn\u00fc GBP\/USD %0,15 geriledi ve yakla\u015f\u0131k 60 pip (d\u00f6viz paritelerinde en k\u00fc\u00e7\u00fck fiyat ad\u0131m\u0131; genelde 0,0001) aral\u0131\u011f\u0131nda dalgaland\u0131ktan sonra 1,3500\u2019e yak\u0131n kapand\u0131.<\/p>\n
ABD\u2019de mart Perakende Sat\u0131\u015flar (t\u00fcketim harcamas\u0131n\u0131n \u00f6nemli g\u00f6stergesi) ayl\u0131k %1,7 artt\u0131; beklenti %1,4\u2019t\u00fc.<\/p>\n
2025\u2019te bu d\u00f6neme d\u00f6n\u00fcld\u00fc\u011f\u00fcnde, Sterlin\u2019in Dolar kar\u015f\u0131s\u0131nda 1,3500 seviyesinde zorland\u0131\u011f\u0131 g\u00f6r\u00fclm\u00fc\u015ft\u00fc. \u00c7ekirdek enflasyonda %3,2 beklentisine kar\u015f\u0131l\u0131k %3,1\u2019lik s\u0131n\u0131rl\u0131 d\u00fc\u015f\u00fck ger\u00e7ekle\u015fme, sat\u0131\u015f bask\u0131s\u0131n\u0131 tetiklemeye yetmi\u015fti. Bu durum, piyasan\u0131n \u0130ngiltere Merkez Bankas\u0131\u2019n\u0131n (BoE) faiz art\u0131rma d\u00f6ng\u00fcs\u00fcn\u00fc bitirmeye yakla\u015ft\u0131\u011f\u0131na dair sinyallere ne kadar hassas oldu\u011funu g\u00f6sterdi.<\/p>\n
Bug\u00fcne, 22 Nisan 2026\u2019ya gelindi\u011finde bu hassasiyetin kar\u015f\u0131l\u0131\u011f\u0131 g\u00f6r\u00fcld\u00fc: Enflasyon d\u00fc\u015f\u00fc\u015f e\u011filiminde ilerlerken BoE bu y\u0131l faizi iki kez indirdi. Bu, 2023 sonu\u20132024 ba\u015f\u0131nda Birle\u015fik Krall\u0131k\u2019ta man\u015fet enflasyonun birka\u00e7 ay i\u00e7inde %4,0\u2019tan %3,4\u2019e gerilemesine benzer bir tabloydu ve politikada y\u00f6n de\u011fi\u015fiminin yakla\u015fmakta oldu\u011funa i\u015faret etmi\u015fti. Buna kar\u015f\u0131l\u0131k ABD Merkez Bankas\u0131 (Fed), faiz indiriminde daha temkinli kald\u0131. Bu politika ayr\u0131\u015fmas\u0131 GBP\/USD \u00fczerinde bask\u0131 yarat\u0131yor.<\/p>\n
T\u00fcrev \u00fcr\u00fcn (de\u011feri ba\u015fka bir varl\u0131\u011fa ba\u011fl\u0131 enstr\u00fcman; \u00f6r. opsiyon, vadeli i\u015flem) i\u015flemi yapanlar i\u00e7in, merkez bankas\u0131 politikalar\u0131ndaki bu a\u00e7\u0131lma \u201cimplied volatility\u201dnin (opsiyon fiyatlar\u0131n\u0131n ima etti\u011fi beklenen oynakl\u0131k) d\u00fc\u015f\u00fck fiyatlanm\u0131\u015f olabilece\u011fine i\u015faret ediyor. Bir ayl\u0131k oynakl\u0131\u011f\u0131n (1 ay vadeli beklenen dalgalanma) \u015fu anda %7,5 civar\u0131nda oldu\u011fu g\u00f6r\u00fcl\u00fcrken, ilerideki BoE ve Fed toplant\u0131lar\u0131 etraf\u0131nda y\u00fckselmesi beklenebilir. Yat\u0131r\u0131mc\u0131lar, sert hareketlerden faydalanmak i\u00e7in opsiyon straddle (ayn\u0131 vadede ayn\u0131 kullan\u0131m fiyat\u0131ndan hem al\u0131m hem sat\u0131m opsiyonu almak; y\u00f6n de\u011fil, b\u00fcy\u00fck hareket hedeflenir) stratejisini de\u011ferlendirebilir; piyasa, Birle\u015fik Krall\u0131k ve ABD\u2019den gelen farkl\u0131 verileri fiyatl\u0131yor.<\/p>\n
Sterlin i\u00e7in, BoE Fed\u2019e g\u00f6re daha \u201cg\u00fcvercin\u201d (faiz indirimine daha yatk\u0131n, daha gev\u015fek para politikas\u0131) kald\u0131\u011f\u0131 s\u00fcrece a\u015fa\u011f\u0131 y\u00f6n daha olas\u0131 g\u00f6r\u00fcn\u00fcyor. Bu nedenle, GBP\/USD\u2019de d\u00fc\u015f\u00fc\u015f beklentisini ifade etmek i\u00e7in put opsiyonu (fiyat d\u00fc\u015ferse de\u011ferlenen sat\u0131m opsiyonu) kullanmak veya vadeli i\u015flem s\u00f6zle\u015fmesi satmak (futures: belirli tarihte belirli fiyattan al\u0131m-sat\u0131m anla\u015fmas\u0131; sat\u0131\u015f pozisyonu d\u00fc\u015f\u00fc\u015f beklentisidir) \u00f6n\u00fcm\u00fczdeki haftalarda de\u011ferlendirilebilecek stratejiler aras\u0131nda.<\/p>\n","protected":false},"excerpt":{"rendered":"
Sterlin alarm veriyor: Mart T\u00dcFE %3,3\u2019le beklentiye paralel, \u00e7ekirdek %3,1\u2019le d\u00fc\u015f\u00fck gelince GBP\/USD 1,3510-1,3500 band\u0131na indi. BoE\u2019nin g\u00fcvercinle\u015fmesi Fed\u2019e kar\u015f\u0131 bask\u0131y\u0131 art\u0131r\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-45198","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\/45198","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=45198"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/45198\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=45198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=45198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=45198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}