{"id":46534,"date":"2026-05-12T13:27:31","date_gmt":"2026-05-12T13:27:31","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/usd-chf-orta-dogudaki-gerilimlerin-etkisiyle-yukselirken-piyasalar-abd-tufe-verisini-bekliyor-fed-ve-snbnin-olasi-politika-degisimleri-fiyatlaniyor\/"},"modified":"2026-05-12T13:27:31","modified_gmt":"2026-05-12T13:27:31","slug":"usd-chf-orta-dogudaki-gerilimlerin-etkisiyle-yukselirken-piyasalar-abd-tufe-verisini-bekliyor-fed-ve-snbnin-olasi-politika-degisimleri-fiyatlaniyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/usd-chf-orta-dogudaki-gerilimlerin-etkisiyle-yukselirken-piyasalar-abd-tufe-verisini-bekliyor-fed-ve-snbnin-olasi-politika-degisimleri-fiyatlaniyor\/","title":{"rendered":"USD\/CHF, Orta Do\u011fu\u2019daki gerilimlerin etkisiyle y\u00fckselirken piyasalar ABD T\u00dcFE verisini bekliyor; Fed ve SNB\u2019nin olas\u0131 politika de\u011fi\u015fimleri fiyatlan\u0131yor"},"content":{"rendered":"<p>USD\/CHF Sal\u0131 g\u00fcn\u00fc 0,7815 civar\u0131nda i\u015flem g\u00f6rd\u00fc. Parite g\u00fcn i\u00e7inde %0,46 y\u00fckseldi. Ortado\u011fu\u2019da yeni gerilimlerin b\u00f6lge riskini art\u0131rmas\u0131yla ABD Dolar\u0131\u2019na talep artt\u0131. ABD Ba\u015fkan\u0131 Donald Trump\u2019\u0131n ABD-\u0130ran ate\u015fkesinin \u201cpamuk ipli\u011fine ba\u011fl\u0131\u201d oldu\u011funu s\u00f6ylemesi ve CNN\u2019in yetkililerin yeniden b\u00fcy\u00fck \u00e7apl\u0131 askeri se\u00e7ene\u011fi de\u011ferlendirdi\u011fini aktarmas\u0131 sonras\u0131 piyasa havas\u0131 bozuldu.<\/p>\n<p>\u201cG\u00fcvenli liman\u201d (kriz d\u00f6nemlerinde yat\u0131r\u0131mc\u0131lar\u0131n daha az riskli g\u00f6rd\u00fc\u011f\u00fc varl\u0131klara y\u00f6nelmesi) talebi Dolar\u2019\u0131 destekledi. Dolar Endeksi (DXY: ABD Dolar\u0131\u2019n\u0131n ba\u015fl\u0131ca para birimlerine kar\u015f\u0131 de\u011ferini g\u00f6steren endeks) 98,30\u2019a do\u011fru y\u00fckseldi. Bu hareket, ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) faizleri daha uzun s\u00fcre y\u00fcksek tutaca\u011f\u0131 beklentilerinin g\u00fc\u00e7lenmesiyle de desteklendi.<\/p>\n<h3>ABD Enflasyonu Fokus<\/h3>\n<p>Piyasalar Nisan ay\u0131 ABD T\u00fcketici Fiyat Endeksi (T\u00dcFE: t\u00fcketici sepetindeki fiyat de\u011fi\u015fimini \u00f6l\u00e7en enflasyon g\u00f6stergesi) verisini bekliyor. Tahminler y\u0131ll\u0131k enflasyonun %3,3\u2019ten %3,7\u2019ye y\u00fckselmesine i\u015faret ediyor. \u00c7ekirdek enflasyonun (enerji ve g\u0131da gibi oynak kalemler hari\u00e7) ise Mart\u2019taki %2,6\u2019dan %2,7\u2019ye \u00e7\u0131kmas\u0131 bekleniyor.<\/p>\n<p>\u0130svi\u00e7re\u2019de enflasyon ikinci ayda da y\u00fckseldi ancak \u0130svi\u00e7re Merkez Bankas\u0131\u2019n\u0131n (SNB) %2 hedefinin alt\u0131nda kald\u0131. Y\u0131ll\u0131k enflasyon Mart\u2019taki %0,3\u2019ten Nisan\u2019da %0,6\u2019ya \u00e7\u0131kt\u0131. \u00c7ekirdek enflasyon ise %0,3\u2019e geriledi.<\/p>\n<p>MUFG, Ortado\u011fu\u2019daki sava\u015f\u0131n ba\u015flang\u0131c\u0131ndan bu yana \u0130svi\u00e7re Frang\u0131\u2019n\u0131n geride kald\u0131\u011f\u0131n\u0131, SNB\u2019nin de kurdaki y\u00fckseli\u015fi s\u0131n\u0131rlayabilece\u011fi mesaj\u0131 verdi\u011fini belirtti. SNB Ba\u015fkan\u0131 Martin Schlegel, orta vadeli fiyat bask\u0131lar\u0131n\u0131n \u201cneredeyse de\u011fi\u015fmedi\u011fini\u201d s\u00f6yledi.<\/p>\n<p>MUFG ayr\u0131ca H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019n\u0131n (k\u00fcresel petrol ta\u015f\u0131mac\u0131l\u0131\u011f\u0131 i\u00e7in kritik ge\u00e7i\u015f noktas\u0131) uzun s\u00fcre kapanmas\u0131 ve enerji fiyatlar\u0131n\u0131n y\u00fckselmesinin \u00f6n\u00fcm\u00fczdeki aylarda SNB\u2019yi daha s\u0131k\u0131 politikaya (faiz art\u0131r\u0131m\u0131 veya daha sert duru\u015f) itebilece\u011fini ifade etti. Para piyasalar\u0131 (k\u0131sa vadeli faiz beklentilerinin fiyatland\u0131\u011f\u0131 piyasa) y\u0131l sonuna kadar SNB\u2019nin faiz art\u0131rma ihtimalini daha y\u00fcksek fiyatl\u0131yor.<\/p>\n<h3>Politika Beklentilerinde De\u011fi\u015fim<\/h3>\n<p>Bu g\u00f6r\u00fcn\u00fcmle birlikte, yat\u0131r\u0131mc\u0131lar USD\/CHF paritesindeki d\u00fc\u015f\u00fc\u015ften fayda sa\u011flayan t\u00fcrev \u00fcr\u00fcnleri (dayanak varl\u0131\u011f\u0131n fiyat\u0131na ba\u011fl\u0131 finansal ara\u00e7lar) de\u011ferlendirebilir. USD\/CHF \u00fczerinde sat\u0131m opsiyonu (put: belirli bir tarihe kadar belirli fiyattan satma hakk\u0131 veren s\u00f6zle\u015fme) almak, riski s\u0131n\u0131rlayarak a\u015fa\u011f\u0131 y\u00f6nl\u00fc harekete pozisyon alman\u0131n bir yolu olabilir.<\/p>\n<p><b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">VT Markets canl\u0131 hesab\u0131n\u0131z\u0131 olu\u015fturun<\/a>\u00a0ve\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">hemen i\u015flem yapmaya ba\u015flay\u0131n<\/a>. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ortado\u011fu gerilimiyle USD\/CHF 0,7815\u2019e t\u0131rman\u0131p %0,46 artt\u0131; g\u00fcvenli liman Dolar\u2019\u0131, DXY\u2019\u0131 98,30\u2019a ta\u015f\u0131d\u0131. G\u00f6zler ABD T\u00dcFE\u2019de. SNB hedef alt\u0131 enflasyon, olas\u0131 s\u0131k\u0131la\u015fma.<\/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-46534","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\/46534","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=46534"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46534\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}