{"id":49698,"date":"2026-06-18T12:13:21","date_gmt":"2026-06-18T12:13:21","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/savas-liderligindeki-fed-sahinlesirken-sikilasma-buyuk-olcude-fiyatlanmisken-dolar-kazanclarini-koruyor\/"},"modified":"2026-06-18T12:13:21","modified_gmt":"2026-06-18T12:13:21","slug":"savas-liderligindeki-fed-sahinlesirken-sikilasma-buyuk-olcude-fiyatlanmisken-dolar-kazanclarini-koruyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/savas-liderligindeki-fed-sahinlesirken-sikilasma-buyuk-olcude-fiyatlanmisken-dolar-kazanclarini-koruyor\/","title":{"rendered":"Sava\u015f liderli\u011findeki Fed \u015fahinle\u015firken, s\u0131k\u0131la\u015fma b\u00fcy\u00fck \u00f6l\u00e7\u00fcde fiyatlanm\u0131\u015fken dolar kazan\u00e7lar\u0131n\u0131 koruyor"},"content":{"rendered":"<p>ABD dolar\u0131, Fed\u2019in Ba\u015fkan Kevin Warsh liderli\u011finde daha \u015fahin bir tona ge\u00e7mesinin ard\u0131ndan s\u0131n\u0131rl\u0131 kazan\u0131mlar\u0131n\u0131 korudu. Piyasalar, 2026 2\u00c7\u2019ye kadar yakla\u015f\u0131k 44 baz puanl\u0131k bir s\u0131k\u0131la\u015fmay\u0131 fiyatl\u0131yor; bu seviye, son Dot Plot\u2019un i\u015faret etti\u011fi ayarlamayla genel olarak uyumlu. DXY, 12 ayl\u0131k band\u0131n\u0131n \u00fcst s\u0131n\u0131r\u0131 olan 100,50\/60 seviyelerini test etti; g\u00f6r\u00fcn\u00fcmde 2027 ve 2028\u2019de faiz indirimleri de yer almaya devam ediyor.<\/p>\n<p>Fed fiyatlamas\u0131n\u0131n yeniden ayarlanmas\u0131n\u0131n, ek yukar\u0131 y\u00f6n\u00fc s\u0131n\u0131rlad\u0131\u011f\u0131 ve bir k\u0131r\u0131lma i\u00e7in net bir kataliz\u00f6r bulunmad\u0131\u011f\u0131 belirtiliyor. ABD-\u0130ran anla\u015fmas\u0131n\u0131n imzalanmas\u0131n\u0131n ard\u0131ndan enerji fiyatlar\u0131ndaki d\u00fc\u015f\u00fc\u015f ve destekleyici risk ortam\u0131n\u0131n, daha g\u00fc\u00e7l\u00fc dolara olan talebi azaltt\u0131\u011f\u0131 ifade edildi. Politika ileti\u015fimi oda\u011f\u0131n\u0131 koruyor: 18 Fed \u00fcyesinin dokuzu bu y\u0131l en az bir faiz art\u0131\u015f\u0131 g\u00f6r\u00fcyor; buna kar\u015f\u0131n k\u0131salt\u0131lm\u0131\u015f FOMC metni ve Warsh\u2019\u0131n bas\u0131n toplant\u0131s\u0131 ileriye d\u00f6n\u00fck y\u00f6nlendirme sunmad\u0131. Fed \u00fcyelerinin konu\u015fmalar\u0131n\u0131n gelecek hafta ba\u015flamas\u0131 bekleniyor.<\/p>\n<h3>Fed\u2019in \u015eahinli\u011fi B\u00fcy\u00fck \u00d6l\u00e7\u00fcde Fiyatland\u0131, Dolar Kazan\u00e7lar\u0131n\u0131 S\u0131n\u0131rl\u0131yor<\/h3>\n<p>Federal Rezerv\u2019in \u015fahin d\u00f6n\u00fc\u015f\u00fc art\u0131k b\u00fcy\u00fck \u00f6l\u00e7\u00fcde piyasalara yans\u0131m\u0131\u015f durumda; bu da buradan itibaren anlaml\u0131 \u00f6l\u00e7ekte ek dolar kazan\u00e7lar\u0131n\u0131 s\u0131n\u0131rl\u0131yor. Son veriler Fed\u2019in duru\u015funu destekliyor: May\u0131s \u00e7ekirdek T\u00dcFE %3,7\u2019de g\u00fc\u00e7l\u00fc seyrini korurken, son istihdam raporu 250 binlik g\u00fc\u00e7l\u00fc tar\u0131m d\u0131\u015f\u0131 istihdam art\u0131\u015f\u0131na i\u015faret etti. Piyasan\u0131n neredeyse iki yak\u0131n vadeli faiz art\u0131\u015f\u0131na ili\u015fkin beklentisinin, Fed\u2019in kendi projeksiyonlar\u0131n\u0131 tamamen yans\u0131tt\u0131\u011f\u0131n\u0131 d\u00fc\u015f\u00fcn\u00fcyoruz.<\/p>\n<p>Dolar\u0131n yukar\u0131 y\u00f6n\u00fcn\u00fcn, Dolar Endeksi\u2019nin (DXY) 12 ayl\u0131k band\u0131n\u0131n tepe noktas\u0131 olan 100,60 seviyesine dayanmas\u0131yla s\u0131n\u0131rl\u0131 kald\u0131\u011f\u0131 kanaatindeyiz. Tarihsel olarak, s\u0131k\u0131la\u015ft\u0131rma d\u00f6ng\u00fcs\u00fcn\u00fcn ilk a\u015famas\u0131 tamamen fiyatland\u0131ktan sonra dolar\u0131n momentumu \u00e7o\u011fu zaman zay\u0131flar; 2015\u2019teki ilk faiz art\u0131\u015f\u0131 \u00f6ncesindeki s\u00fcre\u00e7te g\u00f6r\u00fcld\u00fc\u011f\u00fc gibi. CFTC verileri de uzun dolar pozisyonlar\u0131n\u0131n alt\u0131 ay\u0131n zirvesinde oldu\u011funa i\u015faret ediyor; bu da i\u015flemin kalabal\u0131kla\u015ft\u0131\u011f\u0131n\u0131 g\u00f6steriyor.<\/p>\n<h3>Stratejik G\u00f6r\u00fcn\u00fcm: Dolar G\u00fcc\u00fcnde Sat\u0131\u015f<\/h3>\n<p>Bu g\u00f6r\u00fcn\u00fcm, \u00f6n\u00fcm\u00fczdeki haftalar i\u00e7in dolar g\u00fc\u00e7lenmelerinde sat\u0131\u015f stratejisini cazip k\u0131l\u0131yor. Beklenen yatay bant hareketinden faydalanmak \u00fczere DXY \u00fczerinde zararda (out-of-the-money) al\u0131m (call) opsiyonlar\u0131 satmay\u0131 veya ay\u0131 call spreadleri (bear call spread) kurmay\u0131 de\u011ferlendiriyoruz. Petrol fiyatlar\u0131n\u0131 a\u015fa\u011f\u0131 \u00e7eken ABD-\u0130ran anla\u015fmas\u0131, \u00f6nemli bir enflasyon bask\u0131s\u0131n\u0131 ortadan kald\u0131rarak bu g\u00f6r\u00fc\u015f\u00fc destekliyor.<\/p>\n<p>\u0130leriye d\u00f6n\u00fck y\u00f6nlendirme verilmemi\u015f olmas\u0131 nedeniyle, t\u00fcm dikkat gelecek hafta planlanan Fed \u00fcyesi konu\u015fmalar\u0131na \u00e7evrildi. Mevcut \u015fahin g\u00f6r\u00fcn\u00fcm\u00fc yumu\u015fatacak herhangi bir mesaj, dolarda h\u0131zl\u0131 bir geri \u00e7ekilmeyi tetikleyebilir. Kur oynakl\u0131\u011f\u0131nda art\u0131\u015f i\u00e7in en olas\u0131 kataliz\u00f6r olmalar\u0131 nedeniyle bu geli\u015fmeleri yak\u0131ndan izleyece\u011fiz.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dolar, Warsh liderli\u011finde \u015fahin Fed sonras\u0131 yatayda: Piyasalar 2026 2\u00c7\u2019ye kadar 44 bp s\u0131k\u0131la\u015fmay\u0131 fiyatlad\u0131, DXY 100,50\/60 direncinde. Enerji d\u00fc\u015f\u00fc\u015f\u00fc ve kalabal\u0131k longlar y\u00fckseli\u015fi s\u0131n\u0131rl\u0131yor. Strateji: g\u00fc\u00e7te sat\u0131\u015f.<\/p>\n","protected":false},"author":87,"featured_media":47686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-49698","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\/49698","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=49698"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/49698\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/47686"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=49698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=49698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=49698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}