Sterlin, ABD\u2013\u0130ran g\u00f6r\u00fc\u015fmelerine y\u00f6nelik temkinli havan\u0131n Dolar\u2019a talebi art\u0131rmas\u0131yla ABD Dolar\u0131 kar\u015f\u0131s\u0131nda geriledi. Risk i\u015ftah\u0131 (yat\u0131r\u0131mc\u0131lar\u0131n riskli varl\u0131klara y\u00f6nelme iste\u011fi) zay\u0131f kal\u0131nca Sterlin bask\u0131 g\u00f6rd\u00fc.<\/p>\n
Yaz\u0131n\u0131n haz\u0131rland\u0131\u011f\u0131 s\u0131rada GBP\/USD 1,3429 civar\u0131nda i\u015flem g\u00f6r\u00fcyor, d\u00fc\u015f\u00fc\u015f\u00fcn\u00fc ikinci ard\u0131\u015f\u0131k seansa ta\u015f\u0131yordu. G\u00f6r\u00fc\u015fmelere ili\u015fkin \u00e7eli\u015fkili man\u015fetler paritenin k\u0131sa vadeli y\u00f6n\u00fcn\u00fc belirlemeye devam etti.<\/p>\n
\u0130ngiliz Sterlini, temkinli piyasa g\u00f6r\u00fcn\u00fcm\u00fcn\u00fcn Dolar\u2019\u0131 desteklemesiyle ABD Dolar\u0131 kar\u015f\u0131s\u0131nda zay\u0131flamay\u0131 s\u00fcrd\u00fcr\u00fcyor. Orta Do\u011fu\u2019da artan jeopolitik gerilim, g\u00fcvenli liman aray\u0131\u015f\u0131n\u0131 (risk art\u0131nca daha g\u00fcvenli g\u00f6r\u00fclen varl\u0131klara ge\u00e7i\u015f) tetikliyor; GBP\/USD 1,2450 civar\u0131nda i\u015flem g\u00f6r\u00fcyor. Bu tablo, hazirana girerken pariteyi bask\u0131 alt\u0131nda b\u0131rak\u0131yor.<\/p>\n
Veriler de ayr\u0131\u015fmay\u0131 destekliyor: \u0130ngiltere\u2019de nisan enflasyonu beklentilerin \u00fczerinde %3,1 gelirken b\u00fcy\u00fcme zay\u0131f. ABD taraf\u0131nda ise ekonomi daha diren\u00e7li; son Tar\u0131m D\u0131\u015f\u0131 \u0130stihdam (tar\u0131m d\u0131\u015f\u0131ndaki sekt\u00f6rlerde istihdam art\u0131\u015f\u0131) verisi 210 bin yeni istihdama i\u015faret etti. Bu g\u00f6r\u00fcn\u00fcm, Fed\u2019in \u015fahin duru\u015funu (faizleri y\u00fcksek tutma e\u011filimi) korumas\u0131n\u0131 desteklerken, \u0130ngiltere Merkez Bankas\u0131\u2019n\u0131n daha \u00e7ekingen kalmas\u0131na neden oluyor.<\/p>\n
T\u00fcrev \u00fcr\u00fcnlerle i\u015flem yapanlar i\u00e7in (opsiyon ve vadeli s\u00f6zle\u015fme gibi fiyat\u0131 ba\u015fka bir varl\u0131\u011fa ba\u011fl\u0131 ara\u00e7lar) bu ortam, GBP\/USD\u2019de d\u00fc\u015f\u00fc\u015fe kar\u015f\u0131 korunmak veya d\u00fc\u015f\u00fc\u015f\u00fc de\u011ferlendirmek amac\u0131yla sat\u0131m opsiyonu (put: belirli fiyattan satma hakk\u0131) al\u0131m\u0131n\u0131 \u00f6ne \u00e7\u0131kar\u0131yor. Son bir haftada bir ayl\u0131k \u00f6rt\u00fck oynakl\u0131k (opsiyon fiyatlar\u0131na yans\u0131yan beklenen dalgalanma) yakla\u015f\u0131k %7\u2019den %9,5\u2019e y\u00fckseldi; bu da sert hareketleri yakalamak isteyenler i\u00e7in opsiyonlar\u0131 daha cazip hale getiriyor. Opsiyon fiyatlamas\u0131, piyasada belirgin bir d\u00fc\u015f\u00fc\u015f beklentisine i\u015faret ediyor.<\/p>\n
\u00d6n\u00fcm\u00fczdeki haftalarda vadeli i\u015flem s\u00f6zle\u015fmeleriyle (futures: ileri tarihte belirlenen fiyattan al\u0131m-sat\u0131m anla\u015fmas\u0131) k\u0131sa pozisyon (d\u00fc\u015f\u00fc\u015f beklentisiyle sat\u0131\u015f y\u00f6nl\u00fc i\u015flem) almak veya maliyeti azaltmak i\u00e7in put spread (iki farkl\u0131 kullan\u0131m fiyatl\u0131 put al\u0131p satarak maliyeti d\u00fc\u015f\u00fcren strateji) de\u011ferlendirmek daha temkinli bir yakla\u015f\u0131m olarak \u00f6ne \u00e7\u0131k\u0131yor. 25-delta risk reversal\u2019\u0131n (benzer duyarl\u0131l\u0131ktaki al\u0131m ve sat\u0131m opsiyonlar\u0131n\u0131n fiyat fark\u0131; y\u00f6nl\u00fc e\u011filimi g\u00f6sterir) daha da negatife d\u00f6nerek -0,8\u2019e inmesi, d\u00fc\u015f\u00fc\u015f e\u011filiminin g\u00fc\u00e7lendi\u011fini g\u00f6steriyor.<\/p>\n","protected":false},"excerpt":{"rendered":"
Sterlin\u2019de alarm zilleri: ABD\u2013\u0130ran belirsizli\u011fi Dolar\u2019a ka\u00e7\u0131\u015f\u0131 h\u0131zland\u0131rd\u0131, risk i\u015ftah\u0131 zay\u0131flay\u0131nca GBP\/USD geriledi. Jeopolitik gerilim, ABD-\u0130ngiltere makro ayr\u0131\u015fmas\u0131 ve y\u00fckselen oynakl\u0131k put talebini 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-47520","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\/47520","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=47520"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/47520\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=47520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=47520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=47520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}