TD Securities stratejistleri, ABD Dolar\u0131\u2019n\u0131n (USD) yak\u0131n vadede bir bant aral\u0131\u011f\u0131nda (belirli destek-diren\u00e7 seviyeleri aras\u0131nda) dalgalanmas\u0131n\u0131 bekliyor. Buna gerek\u00e7e olarak ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) faizleri sabit tutmas\u0131n\u0131 (bekle-g\u00f6r politikas\u0131) ve ABD verileri, hisse senetleri ile piyasa pozisyonlanmas\u0131ndan (yat\u0131r\u0131mc\u0131lar\u0131n dolar y\u00f6n\u00fcndeki birikmi\u015f i\u015flemleri) gelen deste\u011fi g\u00f6steriyor.<\/p>\n
Stratejistler 2026\u2019da ise USD\u2019nin zay\u0131flayaca\u011f\u0131n\u0131 \u00f6ng\u00f6rmeye devam ediyor. Nedenler aras\u0131nda \u0130ran kaynakl\u0131 geli\u015fmelerin yaratabilece\u011fi a\u015fa\u011f\u0131 y\u00f6nl\u00fc riskler ve k\u00fcresel faiz oranlar\u0131n\u0131n ABD seviyelerine yak\u0131nsamas\u0131 (di\u011fer \u00fclkelerde faizlerin ABD\u2019ye yakla\u015fmas\u0131) yer al\u0131yor.<\/p>\n
Notta, H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019n\u0131n yeniden a\u00e7\u0131lmas\u0131yla ili\u015fkilendirilen DXY dolar endeksinde 98,00 seviyesinin kritik bir referans oldu\u011fu vurgulan\u0131yor. \u00c7\u00f6z\u00fcm s\u00fcreci bo\u011faz\u0131n kademeli olarak yeniden a\u00e7\u0131lmas\u0131na izin verdi\u011finde DXY\u2019nin 98,00\u2019in alt\u0131na kal\u0131c\u0131 \u015fekilde inmesi bekleniyor.<\/p>\n
Not ayr\u0131ca ABD i\u015fg\u00fcc\u00fc verilerindeki ivmeye (verilerin g\u00fc\u00e7lenme e\u011filimi) ve nisan ay\u0131nda ABD borsalar\u0131n\u0131n d\u00fcnyan\u0131n geri kalan\u0131na g\u00f6re daha iyi performans g\u00f6stermesine dikkat \u00e7ekiyor. 2026 g\u00f6r\u00fcn\u00fcm\u00fcn\u00fcn bir par\u00e7as\u0131 olarak da Fed\u2019in di\u011fer k\u00fcresel merkez bankalar\u0131na k\u0131yasla daha az \u201c\u015fahin\u201d (faiz art\u0131rma e\u011filimi daha d\u00fc\u015f\u00fck) bir duru\u015f sergileyece\u011fi belirtiliyor.<\/p>\n
Haberde, i\u00e7eri\u011fin bir yapay zek\u00e2 arac\u0131 yard\u0131m\u0131yla haz\u0131rland\u0131\u011f\u0131 ve bir edit\u00f6r taraf\u0131ndan g\u00f6zden ge\u00e7irildi\u011fi yaz\u0131yor. Ayr\u0131ca FXStreet Insights Team i\u00e7erikleri \u201cse\u00e7ilmi\u015f piyasa g\u00f6zlemleri\u201d ve i\u00e7\/d\u0131\u015f analistlerden ek de\u011ferlendirmeler olarak tan\u0131mlan\u0131yor.<\/p>\n
2025\u2019teki analize d\u00f6n\u00fcld\u00fc\u011f\u00fcnde, dolar\u0131n 2026\u2019n\u0131n ilerleyen d\u00f6neminde d\u00fc\u015fmeden \u00f6nce bir s\u00fcre bantta kalaca\u011f\u0131 g\u00f6r\u00fc\u015f\u00fc \u00f6ne \u00e7\u0131k\u0131yordu. Bu \u00f6ng\u00f6r\u00fc b\u00fcy\u00fck \u00f6l\u00e7\u00fcde ger\u00e7ekle\u015fti; \u00e7\u00fcnk\u00fc Nisan 2026 tar\u0131m d\u0131\u015f\u0131 istihdam verisi (ABD\u2019de tar\u0131m d\u0131\u015f\u0131 sekt\u00f6rlerde a\u00e7\u0131klanan ayl\u0131k istihdam de\u011fi\u015fimi) 195 bin yeni istihdamla i\u015fg\u00fcc\u00fc piyasas\u0131n\u0131n diren\u00e7li oldu\u011funu g\u00f6sterdi. Bu temel ekonomik g\u00fc\u00e7, \u015fimdilik dolarda sert bir sat\u0131\u015f\u0131n (h\u0131zl\u0131 de\u011fer kayb\u0131) \u00f6n\u00fcne ge\u00e7iyor.<\/p>\n
Ge\u00e7en y\u0131l \u0130ran\u2019a ili\u015fkin belirtilen jeopolitik tablo dolar\u0131 desteklemeyi s\u00fcrd\u00fcr\u00fcyor. Baz\u0131 diplomatik ilerlemeler g\u00f6r\u00fclse de DXY, kritik 98,00 seviyesinin \u00fczerinde kalmaya devam ediyor ve \u015fu anda 101,20 civar\u0131nda i\u015flem g\u00f6r\u00fcyor. Bu durum, jeopolitik risk priminin (belirsizlik nedeniyle fiyata eklenen de\u011fer) h\u00e2l\u00e2 d\u00f6viz kuruna yans\u0131t\u0131ld\u0131\u011f\u0131n\u0131 ve dolar\u0131n de\u011ferinde bir taban olu\u015fturdu\u011funu g\u00f6steriyor.<\/p>\n
Buna kar\u015f\u0131l\u0131k, k\u00fcresel faiz oranlar\u0131n\u0131n ABD\u2019ye yakla\u015faca\u011f\u0131 \u00f6ng\u00f6r\u00fcs\u00fc art\u0131k net \u015fekilde devreye girmi\u015f g\u00f6r\u00fcn\u00fcyor. Euro B\u00f6lgesi\u2019nde Nisan 2026 enflasyonunun kal\u0131c\u0131 bi\u00e7imde %2,8 gelmesiyle Avrupa Merkez Bankas\u0131 (ECB) daha \u015fahin bir \u00e7izgiye kayd\u0131 ve Fed ile politika fark\u0131 darald\u0131. Bu, dolar i\u00e7in beklenen temel \u201cters r\u00fczg\u00e2r\u201d (olumsuz etki) olarak \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n","protected":false},"excerpt":{"rendered":"
Dolar nereye gidiyor? TD Securities, Fed\u2019in bekle-g\u00f6r duru\u015fuyla USD\u2019nin k\u0131sa vadede bantta kalaca\u011f\u0131n\u0131, DXY\u2019de 98\u2019in kritik oldu\u011funu s\u00f6yl\u00fcyor; 2026\u2019da faiz yak\u0131nsamas\u0131 ve \u0130ran riskiyle zay\u0131flama bekliyor.<\/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-46693","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\/46693","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=46693"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46693\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}