Japonya\u2019n\u0131n CFTC (ABD emtia ve vadeli i\u015flemler d\u00fczenleyicisi) verilerine g\u00f6re, Japon yeni (JPY) \u00fczerindeki ticari olmayan (spek\u00fclatif) net pozisyonlar \u00a5-102,1 bin seviyesine geriledi. Bu de\u011fer, \u00f6nceki \u00a5-94,5 bin seviyesine k\u0131yasla daha y\u00fcksek bir **net k\u0131sa pozisyona** i\u015faret ediyor. \u00d6nceki veriye g\u00f6re de\u011fi\u015fim \u00a5-7,6 bin.<\/p>\n
Bu, yen aleyhine a\u00e7\u0131lm\u0131\u015f pozisyonlar\u0131n belirgin \u015fekilde artt\u0131\u011f\u0131n\u0131 g\u00f6steriyor. **Net k\u0131sa pozisyon**, spek\u00fclatif yat\u0131r\u0131mc\u0131lar\u0131n yenin de\u011fer kaybedece\u011fi beklentisiyle \u201csat\u0131\u015f y\u00f6n\u00fcnde\u201d daha fazla kontrat ta\u015f\u0131d\u0131\u011f\u0131 anlam\u0131na geliyor. Bu g\u00f6r\u00fcn\u00fcm, son aylardaki en olumsuz (ay\u0131 piyasas\u0131) konumlanmalardan biri ve s\u00fcren a\u015fa\u011f\u0131 y\u00f6nl\u00fc e\u011filimi destekliyor.<\/p>\n
Bu alg\u0131n\u0131n temelinde, Japonya Merkez Bankas\u0131 (BoJ) ile di\u011fer b\u00fcy\u00fck merkez bankalar\u0131, \u00f6zellikle ABD Merkez Bankas\u0131 (Fed) aras\u0131ndaki **faiz fark\u0131** bulunuyor. Nisan 2026 verileri ABD\u2019de **\u00e7ekirdek enflasyonun** (enerji ve g\u0131da gibi oynak kalemler hari\u00e7 enflasyon) yakla\u015f\u0131k %2,9 civar\u0131nda kalmaya devam etti\u011fini g\u00f6sterdi; bu da Fed\u2019in yak\u0131n vadede faiz indirimi yapma ihtimalini zay\u0131flat\u0131yor. Bu durum **ta\u015f\u0131ma i\u015flemleri**ni (carry trade: d\u00fc\u015f\u00fck faizli para biriminden bor\u00e7lan\u0131p daha y\u00fcksek faizli para birimine yat\u0131r\u0131m yapma) canl\u0131 tutuyor; yat\u0131r\u0131mc\u0131lar yen bor\u00e7lan\u0131p dolar gibi daha y\u00fcksek getiri sunan para birimlerine y\u00f6neliyor.<\/p>\n","protected":false},"excerpt":{"rendered":"
Yen\u2019de bask\u0131 art\u0131yor: CFTC\u2019ye g\u00f6re JPY\u2019de spek\u00fclatif net k\u0131sa pozisyon \u00a5-102,1 bine indi. Faiz fark\u0131, Fed\u2019in indirime uzak duru\u015fu ve carry trade, yen aleyhine g\u00f6r\u00fcn\u00fcm\u00fc g\u00fc\u00e7lendiriyor.<\/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-46005","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\/46005","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=46005"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46005\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}