{"id":47637,"date":"2026-05-29T05:56:20","date_gmt":"2026-05-29T05:56:20","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/ateskesin-uzatilmasina-yonelik-gorusmeler-euroyu-desteklerken-fed-ecb-ayrismasi-derinlesiyor-eur-usd-hafif-yukseldi\/"},"modified":"2026-05-29T05:56:20","modified_gmt":"2026-05-29T05:56:20","slug":"ateskesin-uzatilmasina-yonelik-gorusmeler-euroyu-desteklerken-fed-ecb-ayrismasi-derinlesiyor-eur-usd-hafif-yukseldi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/ateskesin-uzatilmasina-yonelik-gorusmeler-euroyu-desteklerken-fed-ecb-ayrismasi-derinlesiyor-eur-usd-hafif-yukseldi\/","title":{"rendered":"Ate\u015fkesin Uzat\u0131lmas\u0131na Y\u00f6nelik G\u00f6r\u00fc\u015fmeler Euro\u2019yu Desteklerken, Fed-ECB Ayr\u0131\u015fmas\u0131 Derinle\u015fiyor; EUR\/USD Hafif Y\u00fckseldi"},"content":{"rendered":"

EUR\/USD, cuma g\u00fcn\u00fc erken Asya i\u015flemlerinde eurodaki g\u00fc\u00e7lenmenin etkisiyle 1,1655 civar\u0131na y\u00fckseldi. Euro, ABD-\u0130ran aras\u0131nda ate\u015fkesin uzat\u0131lmas\u0131na y\u00f6nelik s\u0131n\u0131rl\u0131 bir ilerleme oldu\u011funa dair haberlerin ard\u0131ndan destek buldu. CNN, taraflar\u0131n H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019n\u0131n yeniden a\u00e7\u0131lmas\u0131n\u0131 ve n\u00fckleer g\u00f6r\u00fc\u015fmelerin ba\u015flamas\u0131n\u0131 ele ald\u0131\u011f\u0131n\u0131 yazd\u0131. Ancak ABD Ba\u015fkan\u0131 Donald Trump\u2019\u0131n herhangi bir d\u00fczenlemeyi hen\u00fcz onaylamad\u0131\u011f\u0131 ve \u0130ranl\u0131 yetkililerin yorum yapmad\u0131\u011f\u0131 belirtildi. Piyasalar ayr\u0131ca cuma g\u00fcn\u00fc a\u00e7\u0131klanacak Almanya\u2019n\u0131n \u00f6nc\u00fc enflasyon verilerini bekliyor.<\/p>\n

ABD\u2019de y\u0131ll\u0131k Ki\u015fisel T\u00fcketim Harcamalar\u0131 (PCE) enflasyonu beklentilere paralel geldi. PCE, ABD\u2019de t\u00fcketicilerin yapt\u0131\u011f\u0131 harcamalara g\u00f6re hesaplanan enflasyon g\u00f6stergesidir ve Fed\u2019in yak\u0131ndan izledi\u011fi \u00f6l\u00e7\u00fctt\u00fcr. Ayl\u0131k verinin daha zay\u0131f gelmesi ise fiyat bask\u0131lar\u0131n\u0131n azald\u0131\u011f\u0131 beklentilerini g\u00fc\u00e7lendirdi. Bu ortam, ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) politika faizini daha uzun s\u00fcre sabit tutabilece\u011fi g\u00f6r\u00fc\u015f\u00fcn\u00fc destekliyor. Euro, k\u00fcresel d\u00f6viz piyasas\u0131nda \u00f6nemli bir para birimi olmaya devam ediyor: 2022\u2019de i\u015flemlerin %31\u2019ini olu\u015ftururken, g\u00fcnl\u00fck ortalama i\u015flem hacmi 2,2 trilyon dolar\u0131n \u00fczerindeydi. EUR\/USD\u2019nin t\u00fcm i\u015flemlerin yakla\u015f\u0131k %30\u2019unu temsil etti\u011fi tahmin ediliyor. Di\u011fer \u00f6nemli euro pariteleri aras\u0131nda EUR\/JPY (%4), EUR\/GBP (%3) ve EUR\/AUD (%2) yer al\u0131yor. Avrupa Merkez Bankas\u0131 (ECB), 20 \u00fclkeden olu\u015fan euro b\u00f6lgesinde para politikas\u0131n\u0131 belirler; hedefi %2 enflasyon olup y\u0131lda sekiz kez toplan\u0131r.<\/p>\n

Risk \u0130\u015ftah\u0131ndaki De\u011fi\u015fim ve Merkez Bankas\u0131 Ayr\u0131\u015fmas\u0131 Euro\u2019yu Destekliyor<\/h3>\n

Euro\u2019nun ABD dolar\u0131 kar\u015f\u0131s\u0131nda g\u00fc\u00e7lendi\u011fini g\u00f6r\u00fcyoruz. Bunu, k\u00fcresel risk i\u015ftah\u0131ndaki belirgin de\u011fi\u015fim ve merkez bankalar\u0131na ili\u015fkin beklentiler destekliyor. ABD ile \u00c7in aras\u0131ndaki ticaret geriliminin azald\u0131\u011f\u0131na dair sinyaller, yat\u0131r\u0131mc\u0131lar\u0131n \u201cg\u00fcvenli liman\u201d olarak g\u00f6r\u00fclen ABD dolar\u0131ndan uzakla\u015fmas\u0131n\u0131 kolayla\u015ft\u0131r\u0131yor. Bu ortam, euro dahil daha riskli varl\u0131klar i\u00e7in genellikle olumlu.<\/p>\n

ABD\u2019den gelen veriler de bu g\u00f6r\u00fcn\u00fcm\u00fc destekliyor. Nisan ay\u0131 T\u00fcketici Fiyat Endeksi (T\u00dcFE), enflasyonun %2,9\u2019a geriledi\u011fini g\u00f6sterdi; bu seviye beklentilerin hafif alt\u0131nda. T\u00dcFE, hane halk\u0131n\u0131n sat\u0131n ald\u0131\u011f\u0131 \u00fcr\u00fcn ve hizmetlerin fiyat de\u011fi\u015fimini \u00f6l\u00e7en temel enflasyon g\u00f6stergesidir. Buna ek olarak i\u015fg\u00fcc\u00fc piyasas\u0131nda (istihdam cephesinde) g\u00f6r\u00fclen yumu\u015fama, Fed\u2019in y\u0131l bitmeden faiz indirimi se\u00e7ene\u011fini daha ciddi de\u011ferlendirebilece\u011fi beklentisini art\u0131r\u0131yor. Piyasalar, eyl\u00fcle kadar Fed\u2019in faiz indirimi yapma olas\u0131l\u0131\u011f\u0131n\u0131 %70\u2019in \u00fczerinde fiyatl\u0131yor.<\/p>\n

Euro B\u00f6lgesi\u2019nde tablo farkl\u0131. Enflasyon daha diren\u00e7li seyrediyor; son Uyumla\u015ft\u0131r\u0131lm\u0131\u015f T\u00fcketici Fiyat Endeksi (HICP) %2,6\u2019da kald\u0131. HICP, euro b\u00f6lgesinde \u00fclkeler aras\u0131nda kar\u015f\u0131la\u015ft\u0131r\u0131labilir enflasyonu \u00f6l\u00e7en standart g\u00f6stergedir. Bu \u201cyap\u0131\u015fkan\u201d g\u00f6r\u00fcn\u00fcm, ECB\u2019nin mevcut faiz politikas\u0131n\u0131 Fed\u2019e k\u0131yasla daha uzun s\u00fcre koruyabilece\u011fine i\u015faret ediyor. Para politikas\u0131ndaki bu ayr\u0131\u015fma, euroyu dolar kar\u015f\u0131s\u0131nda destekleyen \u00f6nemli bir unsur.<\/p>\n

Politika Ayr\u0131\u015fmas\u0131yla EUR\/USD\u2019de Y\u00fckseli\u015fe Pozisyon Alma<\/h3>\n

\u00d6n\u00fcm\u00fczdeki haftalarda EUR\/USD\u2019de y\u00fckseli\u015fin s\u00fcrmesine y\u00f6nelik pozisyon almay\u0131 planl\u0131yoruz. Bu beklentiden yararlan\u0131rken a\u015fa\u011f\u0131 y\u00f6nl\u00fc riski s\u0131n\u0131rlamak i\u00e7in euroda al\u0131m opsiyonu (call option) almay\u0131 etkili bir strateji olarak g\u00f6r\u00fcyoruz. Al\u0131m opsiyonu, belirli bir tarihe kadar belirli fiyattan alma hakk\u0131 veren t\u00fcrev \u00fcr\u00fcnd\u00fcr; zarar \u00f6denen primle s\u0131n\u0131rlanabilir.<\/p>\n

Ge\u00e7mi\u015fte, Fed\u2019in faiz indirim d\u00f6ng\u00fcs\u00fcn\u00fcn ECB\u2019den \u00f6nce ba\u015flad\u0131\u011f\u0131 d\u00f6nemlerde EUR\/USD\u2019de belirgin ve kal\u0131c\u0131 g\u00fc\u00e7lenmeler g\u00f6r\u00fcld\u00fc. Mevcut g\u00f6r\u00fcn\u00fcmde Almanya ve Fransa\u2019dan gelen i\u015f d\u00fcnyas\u0131 g\u00fcveni anketlerindeki iyile\u015fme de bu g\u00f6r\u00fc\u015f\u00fc destekliyor.<\/p>\n","protected":false},"excerpt":{"rendered":"

S\u00fcrpriz ate\u015fkes sinyaliyle euro g\u00fc\u00e7lendi, EUR\/USD Asya\u2019da 1,1655\u2019e \u00e7\u0131kt\u0131. PCE\u2019de ayl\u0131k yumu\u015fama Fed indirimi beklentisini art\u0131r\u0131rken, yap\u0131\u015fkan HICP ECB\u2019yi s\u0131k\u0131 tutuyor. G\u00f6zler Almanya \u00f6nc\u00fc enflasyonda.<\/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-47637","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\/47637","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=47637"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/47637\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=47637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=47637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=47637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}