{"id":49412,"date":"2026-06-04T10:29:29","date_gmt":"2026-06-04T10:29:29","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/sterlin-mudahale-endiselerinin-artmasi-ve-bojun-faiz-artirimi-beklentilerinin-guclenmesiyle-yen-karsisinda-geriledi\/"},"modified":"2026-06-04T10:29:29","modified_gmt":"2026-06-04T10:29:29","slug":"sterlin-mudahale-endiselerinin-artmasi-ve-bojun-faiz-artirimi-beklentilerinin-guclenmesiyle-yen-karsisinda-geriledi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/sterlin-mudahale-endiselerinin-artmasi-ve-bojun-faiz-artirimi-beklentilerinin-guclenmesiyle-yen-karsisinda-geriledi\/","title":{"rendered":"Sterlin, m\u00fcdahale endi\u015felerinin artmas\u0131 ve BoJ\u2019un faiz art\u0131r\u0131m\u0131 beklentilerinin g\u00fc\u00e7lenmesiyle yen kar\u015f\u0131s\u0131nda geriledi"},"content":{"rendered":"

Sterlin, yen kar\u015f\u0131s\u0131nda ikinci seansta da bask\u0131 alt\u0131nda kald\u0131; bir ay\u0131 a\u015fk\u0131n s\u00fcrenin zirvesinden daha da uzakla\u015farak haftal\u0131k band\u0131n alt ucuna do\u011fru s\u00fcz\u00fcld\u00fc. \u00c7apraz kur Avrupa i\u015flemlerinin erken saatlerinde 214,00\u2019lerin ortas\u0131nda i\u015flem g\u00f6r\u00fcrken, g\u00fcn i\u00e7inde yakla\u015f\u0131k %0,15 geriledi; Japon para birimine talep, olas\u0131 resm\u00ee m\u00fcdahaleye ili\u015fkin tazelenen endi\u015felerle g\u00fc\u00e7lendi. USD\/JPY 160,00 civar\u0131nda seyrederken, Japonya ekonomisine y\u00f6nelik kayg\u0131lar ve H\u00fcrm\u00fcz Bo\u011faz\u0131 ba\u011flant\u0131l\u0131 s\u00fcregelen arz kesintisi riskleri nedeniyle hareketin ikna g\u00fcc\u00fc s\u0131n\u0131rl\u0131 kalsa da, pozisyonlanma yende \u201cshort\u201d kapamaya do\u011fru kayd\u0131.<\/p>\n

GBP\/JPY\u2019de a\u015fa\u011f\u0131 y\u00f6n, \u0130srail\u2013L\u00fcbnan ate\u015fkesi sonras\u0131 zay\u0131flayan ABD dolar\u0131n\u0131n sterline sa\u011flad\u0131\u011f\u0131 destekle k\u0131smen s\u0131n\u0131rland\u0131; ancak \u0130ngiltere Merkez Bankas\u0131\u2019n\u0131n (BoE) s\u0131k\u0131la\u015fmas\u0131na dair beklentiler de yumu\u015fad\u0131. Piyasalar y\u0131l sonuna kadar yaln\u0131zca 25 baz puanl\u0131k tek bir faiz art\u0131\u015f\u0131n\u0131 fiyatl\u0131yor; bu da sterlin toparlanmas\u0131n\u0131 s\u0131n\u0131rlayabilir. \u00d6te yandan, Japonya Merkez Bankas\u0131\u2019n\u0131n (BoJ) 15\u201316 Haziran toplant\u0131s\u0131nda faiz art\u0131raca\u011f\u0131na y\u00f6nelik artan bahisler yeni destek sa\u011flarken, 100 saatlik basit hareketli ortalaman\u0131n alt\u0131na sark\u0131lmas\u0131 215,50 civar\u0131ndan s\u00fcren geri \u00e7ekilmenin devam\u0131 tezini g\u00fc\u00e7lendirdi.<\/p>\n

M\u00fcdahale Korkular\u0131 Ve Volatilite Stratejileri<\/h3>\n

Japon m\u00fcdahalesi korkular\u0131n\u0131n artmas\u0131yla GBP\/JPY\u2019de ikinci g\u00fcnd\u00fcr geri \u00e7ekilmeyi izliyoruz. USD\/JPY kurunun 160,00 seviyesine yak\u0131n seyretmesi\u2014Nisan ve May\u0131s 2024\u2019te yetkililerin do\u011frudan piyasa ad\u0131m\u0131n\u0131 tetikleyen bir e\u015fik\u2014piyasay\u0131 benzer bir hamle ihtimaline kar\u015f\u0131 teyakkuzda tutuyor. Bu durum, sterlin kar\u015f\u0131s\u0131 dahil t\u00fcm yen \u00e7aprazlar\u0131nda a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131 yarat\u0131yor.<\/p>\n

Mevcut belirsizlik ortam\u0131 volatilitede art\u0131\u015fa i\u015faret ederek opsiyon stratejilerini daha cazip k\u0131l\u0131yor. BoJ politika toplant\u0131s\u0131na bir haftadan biraz fazla s\u00fcre kalm\u0131\u015fken, GBP\/JPY put opsiyonu almak, olas\u0131 ek d\u00fc\u015f\u00fc\u015fe pozisyonlanman\u0131n en yal\u0131n yollar\u0131ndan biri olarak \u00f6ne \u00e7\u0131k\u0131yor. Bu, kritik toplant\u0131 \u00f6ncesinde daha g\u00fc\u00e7l\u00fc yen veya daha zay\u0131f sterlin senaryosuna do\u011frudan bir bahis sunuyor.<\/p>\n

Faiz Beklentileri Ve \u0130\u015flem Fikirleri<\/h3>\n

BoJ\u2019un 15\u201316 Haziran toplant\u0131s\u0131nda faiz art\u0131raca\u011f\u0131na y\u00f6nelik beklentiler g\u00fc\u00e7 kazan\u0131yor. Bu g\u00f6r\u00fc\u015f\u00fc, 10 y\u0131ll\u0131k Japon devlet tahvili getirilerinin art\u0131k %1,0\u2019in belirgin \u015fekilde \u00fczerinde seyretmesi destekliyor; bu seviye on y\u0131l\u0131 a\u015fk\u0131n s\u00fcredir g\u00f6r\u00fclmemi\u015fti. Bu da i\u00e7 tahvil piyasas\u0131n\u0131n daha \u015fahin bir merkez bankas\u0131n\u0131 \u015fimdiden fiyatlad\u0131\u011f\u0131na i\u015faret ediyor.<\/p>\n

Paritenin di\u011fer taraf\u0131nda ise sterlinin g\u00fc\u00e7l\u00fc bir yukar\u0131 ivme \u00fcretmesi zor g\u00f6r\u00fcn\u00fcyor. Son \u0130ngiltere enflasyon verilerinde T\u00dcFE\u2019nin %2,3\u2019e gerilemesiyle BoE \u00fczerindeki agresif s\u0131k\u0131la\u015fma bask\u0131s\u0131 azald\u0131. Piyasalar y\u0131l\u0131n geri kalan\u0131 i\u00e7in yaln\u0131zca k\u00fc\u00e7\u00fck \u00f6l\u00e7ekli tek bir 25 baz puanl\u0131k art\u0131\u015f\u0131 fiyatl\u0131yor; bu da sterlinin potansiyelini s\u0131n\u0131rl\u0131yor.<\/p>\n

100 saatlik ortalaman\u0131n alt\u0131na y\u00f6nelik teknik k\u0131r\u0131lma dikkate al\u0131nd\u0131\u011f\u0131nda, \u201cbear put spread\u201d etkili bir strateji olabilir. Bu yap\u0131, ba\u015flang\u0131\u00e7 maliyetini s\u0131n\u0131rlay\u0131p azami riski tan\u0131mlarken 213,00 seviyesine do\u011fru olas\u0131 bir a\u015fa\u011f\u0131 hareketten faydalanmay\u0131 sa\u011flar. Bu, do\u011frudan put al\u0131m\u0131na k\u0131yasla daha temkinli bir yakla\u015f\u0131md\u0131r.<\/p>\n

Bununla birlikte, yenin g\u00fc\u00e7lenmesinin garanti olmad\u0131\u011f\u0131n\u0131 unutmamak gerekir. Japonya ekonomisine ili\u015fkin endi\u015feler ve Orta Do\u011fu\u2019daki s\u00fcregelen tedarik zinciri aksamalar\u0131, agresif yen al\u0131mlar\u0131n\u0131 s\u0131n\u0131rlayabilir. Benzer \u015fekilde, daha yumu\u015fak bir ABD dolar\u0131 da sterline s\u0131n\u0131rl\u0131 ve ge\u00e7ici bir destek sa\u011fl\u0131yor.<\/p>\n","protected":false},"excerpt":{"rendered":"

M\u00fcdahale alarm\u0131: GBP\/JPY ikinci g\u00fcnde d\u00fc\u015f\u00fc\u015fte, 214\u2019lere indi. USD\/JPY 160 civar\u0131 yen talebini art\u0131r\u0131yor. BoJ faiz art\u0131\u015f\u0131 beklentisi g\u00fc\u00e7lenirken, BoE\u2019de yaln\u0131zca 25 bp fiyatlan\u0131yor; put stratejileri \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n","protected":false},"author":87,"featured_media":47807,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-49412","post","type-post","status-publish","format-standard","has-post-thumbnail","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\/49412","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=49412"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/49412\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/47807"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=49412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=49412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=49412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}