EUR\/GBP, Pazartesi g\u00fcn\u00fc Avrupa sabah saatlerinde 0,8660 civar\u0131nda i\u015flem g\u00f6rd\u00fc. Per\u015fembe g\u00fcn\u00fc Avrupa Merkez Bankas\u0131 (ECB) ve \u0130ngiltere Merkez Bankas\u0131\u2019n\u0131n (BoE) faiz kararlar\u0131 \u00f6ncesinde i\u015flemler temkinliydi.<\/p>\n
BoE\u2019nin Per\u015fembe g\u00fcn\u00fc faizi de\u011fi\u015ftirmemesi bekleniyor. Piyasalar, \u0130ran sava\u015f\u0131yla ba\u011flant\u0131l\u0131 artan enerji maliyetleri nedeniyle BoE\u2019nin ileride faiz art\u0131r\u0131m\u0131 sinyali verip vermeyece\u011fini izliyor.<\/p>\n
Analistlere g\u00f6re \u0130ngiltere ekonomisi, do\u011fal gaza y\u00fcksek \u00f6l\u00e7\u00fcde ba\u011f\u0131ml\u0131 oldu\u011fu i\u00e7in enerji fiyatlar\u0131ndaki art\u0131\u015fa kar\u015f\u0131 hassas olabilir. Oxford Economics, politika faizi olan Bank Rate\u2019in (BoE\u2019nin belirledi\u011fi ana faiz) y\u0131l\u0131n geri kalan\u0131nda sabit kalaca\u011f\u0131n\u0131 \u00f6ng\u00f6r\u00fcyor ve enerji kaynakl\u0131 fiyat \u015fokuna ili\u015fkin daha fazla bilginin Temmuz sonundaki toplant\u0131ya kadar netle\u015febilece\u011fini belirtiyor.<\/p>\n
ECB\u2019nin de Per\u015fembe g\u00fcn\u00fc politikas\u0131n\u0131 de\u011fi\u015ftirmemesi bekleniyor. Ekonomistler, bankalar\u0131n ECB\u2019de tuttuklar\u0131 mevduata uygulanan \u201cmevduat faizinin\u201d (deposit rate) ge\u00e7en y\u0131l Haziran\u2019dan bu yana oldu\u011fu gibi %2,0\u2019de kalaca\u011f\u0131n\u0131 tahmin ediyor.<\/p>\n
ECB yetkilileri, Orta Do\u011fu\u2019daki \u00e7at\u0131\u015fmalar\u0131n yaratt\u0131\u011f\u0131 belirsizlik nedeniyle \u201cbekle-g\u00f6r\u201d yakla\u015f\u0131m\u0131 izliyor. ECB yetkilisi Martins Kazaks, ge\u00e7en hafta g\u00f6r\u00fc\u015f olu\u015fturmadan \u00f6nce veri toplamak i\u00e7in zaman oldu\u011funu s\u00f6yledi.<\/p>\n
\u0130ngiltere\u2019nin enerji fiyatlar\u0131na duyarl\u0131l\u0131\u011f\u0131 y\u0131l\u0131n ilerleyen d\u00f6nemlerinde belirginle\u015fti. 2025\u2019in son \u00e7eyre\u011finde toptan do\u011fal gaz fiyatlar\u0131 %15\u2019ten fazla y\u00fckseldi; bu durum \u0130ngiltere\u2019de enflasyonun %3,5\u2019in \u00fczerinde kalmas\u0131na yol a\u00e7t\u0131 ve bu oran Euro B\u00f6lgesi\u2019nden daha y\u00fcksekti. Sonu\u00e7 olarak BoE, 2026\u2019ya girerken ECB\u2019ye k\u0131yasla daha \u201c\u015fahin\u201d (enflasyonla m\u00fccadele i\u00e7in faizleri y\u00fcksek tutmaya yatk\u0131n) bir duru\u015f sergilemek zorunda kald\u0131.<\/p>\n
Buna kar\u015f\u0131l\u0131k ECB\u2019nin \u201cveri toplama\u201d yakla\u015f\u0131m\u0131, Euro B\u00f6lgesi \u00e7ekirdek enflasyonunun (enerji ve g\u0131da gibi oynak kalemler hari\u00e7 enflasyon) daha istikrarl\u0131 \u015fekilde gerilemesiyle desteklendi; bu g\u00f6sterge Mart 2026\u2019da 24 ay\u0131n en d\u00fc\u015f\u00fck seviyesi olan %2,7\u2019ye indi. Bu ayr\u0131\u015fma, ECB\u2019ye y\u0131l i\u00e7inde faiz indirimi de\u011ferlendirmek i\u00e7in daha fazla alan sa\u011flarken BoE i\u00e7in ayn\u0131 esnekli\u011fi azalt\u0131yor. Bu temel politika fark\u0131, paritenin ana belirleyicisi konumunda.<\/p>\n
Bu fark\u0131n b\u00fcy\u00fcmesiyle \u00f6n\u00fcm\u00fczdeki haftalarda EUR\/GBP \u00e7apraz\u0131nda (iki yabanc\u0131 para biriminin birbiri kar\u015f\u0131s\u0131ndaki kuru) a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131 beklenebilir. Yat\u0131r\u0131mc\u0131lar, Euro\u2019nun Sterlin kar\u015f\u0131s\u0131nda zay\u0131flamas\u0131na y\u00f6nelik pozisyon almay\u0131 de\u011ferlendirebilir. \u201cOpsiyon\u201d (belirli bir tarihe kadar belirli fiyattan alma\/satma hakk\u0131 veren t\u00fcrev \u00fcr\u00fcn) kullanarak 0,8500 seviyesine do\u011fru hareket hedeflenebilir. Piyasa, ECB\u2019nin daha \u201cg\u00fcvercin\u201d (faiz indirimi\/gev\u015feme e\u011filimli) g\u00f6r\u00fcn\u00fcm\u00fcne kar\u015f\u0131 BoE\u2019nin daha diren\u00e7li kalaca\u011f\u0131n\u0131 fiyatl\u0131yor; bu da EUR\/GBP\u2019de k\u0131sa (d\u00fc\u015f\u00fc\u015f y\u00f6nl\u00fc) stratejileri \u00f6ne \u00e7\u0131kar\u0131yor.<\/p>\n","protected":false},"excerpt":{"rendered":"
G\u00f6zler Per\u015fembe: EUR\/GBP 0,8660\u2019ta temkinli. ECB ve BoE faizleri sabit beklenirken enerji \u015foku \u0130ngiltere\u2019yi zorluyor. Daha \u015fahin BoE\u2013g\u00fcvercin ECB ayr\u0131\u015fmas\u0131 paritede a\u015fa\u011f\u0131 bask\u0131y\u0131 art\u0131r\u0131yor. 0,8500 hedefli opsiyonlu k\u0131sa stratejiler \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-45531","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\/45531","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=45531"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/45531\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=45531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=45531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=45531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}