{"id":49708,"date":"2026-06-19T14:12:43","date_gmt":"2026-06-19T14:12:43","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/sterlindeki-toparlanma-sonuyor-abd-buyumesindeki-ustunluk-ve-ingilteredeki-siyasi-riskler-gbp-usdyi-baski-altinda-tutuyor\/"},"modified":"2026-06-19T14:12:43","modified_gmt":"2026-06-19T14:12:43","slug":"sterlindeki-toparlanma-sonuyor-abd-buyumesindeki-ustunluk-ve-ingilteredeki-siyasi-riskler-gbp-usdyi-baski-altinda-tutuyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/sterlindeki-toparlanma-sonuyor-abd-buyumesindeki-ustunluk-ve-ingilteredeki-siyasi-riskler-gbp-usdyi-baski-altinda-tutuyor\/","title":{"rendered":"Sterlin\u2019deki toparlanma s\u00f6n\u00fcyor: ABD b\u00fcy\u00fcmesindeki \u00fcst\u00fcnl\u00fck ve \u0130ngiltere\u2019deki siyasi riskler GBP\/USD\u2019yi bask\u0131 alt\u0131nda tutuyor"},"content":{"rendered":"

GBP\/USD, 31 Mart\u2019taki 1,3159 dip seviyesinin \u00fczerinde tutunmas\u0131n\u0131n ard\u0131ndan toparland\u0131; ancak risk dengesi a\u015fa\u011f\u0131 y\u00f6nl\u00fc kalmay\u0131 s\u00fcrd\u00fcr\u00fcyor. Hik\u00e2ye, daha geni\u015f bir b\u00fcy\u00fcme ayr\u0131\u015fmas\u0131na dayan\u0131yor: ABD g\u00f6r\u00fcn\u00fcm\u00fc Birle\u015fik Krall\u0131k\u2019a k\u0131yasla daha g\u00fc\u00e7l\u00fc olarak tan\u0131mlan\u0131rken, Birle\u015fik Krall\u0131k i\u00e7 siyasetindeki belirsizlik de sterlinin toparlanmas\u0131 \u00fczerinde bask\u0131 kuruyor.<\/p>\n

Birle\u015fik Krall\u0131k siyasetinde Andy Burnham, Makerfield ara se\u00e7imini kazand\u0131. Bu sonu\u00e7, Burnham\u2019\u0131n parlamentoya d\u00f6n\u00fc\u015f\u00fcn\u00fcn ve Ba\u015fbakan Keir Starmer\u2019a olas\u0131 bir liderlik meydan okumas\u0131n\u0131n \u00f6n\u00fcn\u00fc a\u00e7abilir \u015feklinde yorumlan\u0131yor. Faiz taraf\u0131nda ise swap e\u011frisi, Kas\u0131m ay\u0131nda Bank of England\u2019\u0131n 25 baz puanl\u0131k art\u0131\u015fla faizi %4,00\u2019e ta\u015f\u0131yaca\u011f\u0131n\u0131 fiyatlamaya devam ediyor. Ayr\u0131 olarak Banka, politika faizini \u00fcst \u00fcste d\u00f6rd\u00fcnc\u00fc toplant\u0131da %3,75\u2019te sabit tuttu; karar\u0131n geni\u015f \u00f6l\u00e7\u00fcde beklendi\u011fi belirtildi ve \u015fahince muhalefetin derecesi de piyasa konsens\u00fcs\u00fcyle uyumlu bi\u00e7imde artt\u0131.<\/p>\n

Sterlindeki S\u0131\u00e7rama, Temel R\u00fczg\u00e2rlar Kar\u015f\u0131s\u0131nda Ge\u00e7ici G\u00f6r\u00fcl\u00fcyor<\/h3>\n

Sterlinin May\u0131s ay\u0131ndaki 1,2420 civar\u0131ndaki dipten yapt\u0131\u011f\u0131 son s\u0131\u00e7ramay\u0131 ge\u00e7ici g\u00f6r\u00fcyoruz; GBP\/USD i\u00e7in riskler a\u015fa\u011f\u0131 y\u00f6nl\u00fc kalmaya devam ediyor. Parite, 1,2500 seviyesinin \u00fczerinde kal\u0131c\u0131 bir zemin bulmakta zorlan\u0131yor. Bu, Birle\u015fik Krall\u0131k\u2019a k\u0131yasla daha g\u00fc\u00e7l\u00fc bir ABD ekonomik g\u00f6r\u00fcn\u00fcm\u00fcn\u00fc ve Britanya\u2019da giderek zorla\u015fan siyasi ortam\u0131 yans\u0131t\u0131yor.<\/p>\n

Temel makro veriler, daha g\u00fc\u00e7l\u00fc bir dolar\u0131 destekliyor. Son veriler, ABD ekonomisinin 2026\u2019n\u0131n ilk \u00e7eyre\u011finde y\u0131ll\u0131kland\u0131r\u0131lm\u0131\u015f bazda %2,1 b\u00fcy\u00fcd\u00fc\u011f\u00fcn\u00fc, Birle\u015fik Krall\u0131k GSYH\u2019sinin ise yaln\u0131zca %0,1 artarak neredeyse yatay seyretti\u011fini g\u00f6steriyor. ABD\u2019de enflasyonun inat\u00e7\u0131 kalmas\u0131 ve Birle\u015fik Krall\u0131k\u2019ta i\u015fsizli\u011fin %4,5\u2019e y\u00fckselmesiyle birlikte iki ekonomi aras\u0131ndaki b\u00fcy\u00fcme ayr\u0131\u015fmas\u0131 daha belirgin hale geliyor.<\/p>\n

Siyasi ve Para Politikas\u0131 Ayr\u0131\u015fmas\u0131 Sterlin \u00dczerinde Bask\u0131 Kuruyor<\/h3>\n

Yurti\u00e7inde, Birle\u015fik Krall\u0131k\u2019\u0131n siyasi arka plan\u0131 belirsiz ve sterlin i\u00e7in bir r\u00fczg\u00e2r tersine i\u015fliyor. \u0130\u015f\u00e7i Partisi h\u00fck\u00fcmetinin bir sonraki b\u00fct\u00e7e etraf\u0131ndaki i\u00e7 tart\u0131\u015fmalar\u0131n\u0131 izliyoruz; kamu hizmetlerini finanse etmek i\u00e7in bor\u00e7lanman\u0131n art\u0131r\u0131lmas\u0131 y\u00f6n\u00fcnde ciddi bask\u0131 var. Bu durum, \u00fclkenin mali kredibilitesine ili\u015fkin endi\u015feleri art\u0131r\u0131yor ve sterlin \u00fczerinde a\u011f\u0131r bir bask\u0131 yaratabilir.<\/p>\n

Para politikas\u0131 beklentilerinde de belirgin bir ayr\u0131\u015fma var. Bank of England\u2019\u0131n son toplant\u0131s\u0131, baz\u0131 \u00fcyelerin faiz indirimi lehine oldu\u011fu b\u00f6l\u00fcnm\u00fc\u015f bir oylamaya i\u015faret etti; bunun sonucunda swap piyasalar\u0131 Eyl\u00fcl\u2019e kadar bir indirime %50 olas\u0131l\u0131k bi\u00e7meye ba\u015flad\u0131. Buna kar\u015f\u0131l\u0131k ABD Merkez Bankas\u0131 (Fed) \u015fahin duru\u015funu koruyor ve enflasyonla m\u00fccadele i\u00e7in faizlerin daha uzun s\u00fcre y\u00fcksek kalaca\u011f\u0131 mesaj\u0131n\u0131 veriyor.<\/p>\n

Tarihsel olarak, siyasi belirsizlik ile ekonomik zay\u0131f performans\u0131n birle\u015fti\u011fi d\u00f6nemler sterlin i\u00e7in y\u0131k\u0131c\u0131 oldu; 2022 mini-b\u00fct\u00e7e krizinde GBP\/USD\u2019nin t\u00fcm zamanlar\u0131n en d\u00fc\u015f\u00fck seviyelerine gerilemesi buna \u00f6rnek. \u00d6n\u00fcm\u00fczdeki haftalarda olas\u0131 bir a\u015fa\u011f\u0131 y\u00f6nl\u00fc harekete pozisyon almak i\u00e7in GBP\/USD \u00fczerinde sat\u0131m opsiyonlar\u0131n\u0131n (put) veya put spread gibi k\u0131sa vadeli d\u00fc\u015f\u00fc\u015f y\u00f6nl\u00fc opsiyon yap\u0131lar\u0131n\u0131n etkili olabilece\u011fini d\u00fc\u015f\u00fcn\u00fcyoruz. Bu stratejiler, pe\u015fin riski s\u0131n\u0131rlarken a\u015fa\u011f\u0131 y\u00f6nl\u00fc hareketlerden faydalanmaya olanak tan\u0131r.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sterlin s\u0131\u00e7rad\u0131 ama kal\u0131c\u0131 m\u0131? GBP\/USD 1,3159 dipten toparlansa da ABD-\u0130ngiltere b\u00fcy\u00fcme ayr\u0131\u015fmas\u0131, UK siyasi belirsizli\u011fi ve BoE-Fed politika fark\u0131, paritede a\u015fa\u011f\u0131 y\u00f6nl\u00fc riskleri canl\u0131 tutuyor.<\/p>\n","protected":false},"author":87,"featured_media":47658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-49708","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\/49708","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=49708"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/49708\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/47658"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=49708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=49708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=49708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}