{"id":50731,"date":"2026-07-07T00:00:33","date_gmt":"2026-07-07T00:00:33","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr-mena\/uncategorized\/usd-chf-hurmuz-gerilimi-ve-isvicrede-issizlikte-artisin-etkisiyle-suren-dolar-talebiyle-yukseliyor\/"},"modified":"2026-07-07T00:00:33","modified_gmt":"2026-07-07T00:00:33","slug":"usd-chf-hurmuz-gerilimi-ve-isvicrede-issizlikte-artisin-etkisiyle-suren-dolar-talebiyle-yukseliyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/usd-chf-hurmuz-gerilimi-ve-isvicrede-issizlikte-artisin-etkisiyle-suren-dolar-talebiyle-yukseliyor\/","title":{"rendered":"USD\/CHF, H\u00fcrm\u00fcz gerilimi ve \u0130svi\u00e7re\u2019de i\u015fsizlikte art\u0131\u015f\u0131n etkisiyle s\u00fcren dolar talebiyle y\u00fckseliyor"},"content":{"rendered":"

USD\/CHF Pazartesi g\u00fcn\u00fc %0,37 y\u00fckselerek 0,8060 civar\u0131na \u00e7\u0131kt\u0131. Ge\u00e7en hafta a\u00e7\u0131klanan zay\u0131f ABD Tar\u0131m D\u0131\u015f\u0131 \u0130stihdam verisinin ard\u0131ndan piyasalar Federal Rezerv\u2019in ilave s\u0131k\u0131la\u015ft\u0131rma beklentilerini t\u00f6rp\u00fclese de ABD Dolar\u0131 de\u011fer kazand\u0131. Ortado\u011fu\u2019daki jeopolitik gerilimlerin, \u00f6zellikle H\u00fcrm\u00fcz Bo\u011faz\u0131 etraf\u0131nda yo\u011funla\u015fmas\u0131n\u0131n, dolara olan talebi destekledi\u011fi g\u00f6r\u00fcld\u00fc. CME FedWatch arac\u0131na g\u00f6re piyasalar y\u0131l sonuna kadar ek Fed faiz art\u0131\u015f\u0131 olas\u0131l\u0131\u011f\u0131n\u0131 h\u00e2l\u00e2 %76,9 olarak fiyatlarken, oda\u011f\u0131n \u00c7ar\u015famba g\u00fcn\u00fc yay\u0131mlanacak Haziran toplant\u0131s\u0131na ait Federal A\u00e7\u0131k Piyasa Komitesi (FOMC) tutanaklar\u0131na kayd\u0131\u011f\u0131 izleniyor.<\/p>\n\n

Veri ak\u0131\u015f\u0131 kar\u0131\u015f\u0131k seyretti. ISM Hizmetler PMI, May\u0131s\u2019taki 54,5 seviyesinden Haziran\u2019da 54\u2019e gerileyerek beklentilere paralel ger\u00e7ekle\u015fti; Yeni Sipari\u015fler zay\u0131flarken \u00d6denen Fiyatlar d\u00fc\u015f\u00fc\u015f g\u00f6sterdi, \u0130stihdam Endeksi ise iyile\u015fti. \u0130svi\u00e7re\u2019de i\u015fsizlik Haziran\u2019da May\u0131s\u2019taki %3\u2019ten %3,1\u2019e y\u00fckseldi; %3\u2019te sabit kalmas\u0131 bekleniyordu. Bu tablo, \u0130svi\u00e7re frang\u0131 \u00fczerinde ek bask\u0131 yaratt\u0131.<\/p>\n\n—\n\n

USD\/CHF Politika Ayr\u0131\u015fmas\u0131 ve \u0130svi\u00e7re \u0130\u015fg\u00fcc\u00fc Verisiyle Y\u00fckseliyor<\/h3>\n\n

USD\/CHF paritesinin bu hafta ivme kazand\u0131\u011f\u0131n\u0131 g\u00f6r\u00fcyoruz; 6 Temmuz 2026 itibar\u0131yla 0,9150 civar\u0131nda i\u015flem g\u00f6r\u00fcyor. Bu hareket, g\u00fc\u00e7l\u00fc seyrini koruyan ABD dolar\u0131 ve \u0130svi\u00e7re\u2019den gelen yeni verilerle destekleniyor. \u0130svi\u00e7re\u2019de i\u015fsizlik oran\u0131ndaki beklenmedik art\u0131\u015f, \u0130svi\u00e7re Frang\u0131\u2019ndaki zay\u0131fl\u0131\u011fa katk\u0131 sa\u011fl\u0131yor.<\/p>\n\n

\u0130svi\u00e7re i\u015fsizlik oran\u0131 Haziran\u2019da beklenmedik \u015fekilde %2,3\u2019e y\u00fckselerek May\u0131s\u2019taki %2,2\u2019nin \u00fczerine \u00e7\u0131kt\u0131. Oran tarihsel olarak h\u00e2l\u00e2 d\u00fc\u015f\u00fck olsa da, \u0130svi\u00e7re Merkez Bankas\u0131\u2019n\u0131n (SNB) bu y\u0131l\u0131n ba\u015f\u0131nda faiz indirimine gitmi\u015f olmas\u0131n\u0131n ard\u0131ndan parasal gev\u015feme patikas\u0131n\u0131 s\u00fcrd\u00fcrmesi i\u00e7in daha fazla gerek\u00e7e olu\u015fturuyor. Di\u011fer b\u00fcy\u00fck merkez bankalar\u0131na k\u0131yasla bu politika ayr\u0131\u015fmas\u0131n\u0131n, Frank \u00fczerindeki bask\u0131y\u0131 s\u00fcrd\u00fcrmesi muhtemel.<\/p>\n\n

ABD taraf\u0131nda ise son ISM Hizmetler PMI 53,8 ile g\u00fc\u00e7l\u00fc bir g\u00f6r\u00fcn\u00fcm sergileyerek piyasa beklentileriyle uyumlu geldi ve ekonomik dayan\u0131kl\u0131l\u0131\u011f\u0131n s\u00fcrd\u00fc\u011f\u00fcne i\u015faret etti. CME FedWatch arac\u0131, piyasalar\u0131n ilave faiz art\u0131\u015flar\u0131n\u0131 fiyatlamad\u0131\u011f\u0131n\u0131, Fed\u2019in faizleri sabit tutmas\u0131n\u0131n beklendi\u011fini g\u00f6steriyor. Y\u0131l sonundan \u00f6nce bir faiz indirimi olas\u0131l\u0131\u011f\u0131 ise yakla\u015f\u0131k %35 ile art\u0131\u015f e\u011filiminde.<\/p>\n\n—\n\n

\u0130\u015flem Stratejisine ve Piyasa Oynakl\u0131\u011f\u0131na Etkileri<\/h3>\n\n

Bu ayr\u0131\u015fma dikkate al\u0131nd\u0131\u011f\u0131nda, \u00f6n\u00fcm\u00fczdeki haftalarda USD\/CHF i\u00e7in en d\u00fc\u015f\u00fck diren\u00e7li y\u00f6n\u00fcn yukar\u0131 oldu\u011fu kanaatindeyiz. Yat\u0131r\u0131mc\u0131lar, olas\u0131 hareketten faydalanmak amac\u0131yla 0,9200 seviyesinin \u00fczerindeki kullan\u0131m fiyatlar\u0131n\u0131 hedefleyen al\u0131m (call) opsiyonlar\u0131n\u0131 de\u011ferlendirebilir. Yakla\u015fan FOMC tutanaklar\u0131, Fed\u2019in duru\u015funun s\u0131k\u0131\/temkinli kal\u0131p kalmad\u0131\u011f\u0131n\u0131 teyit etmesi a\u00e7\u0131s\u0131ndan kritik olacak; bu da senaryoyu daha fazla destekleyebilir.<\/p>\n\n

Tarihsel olarak, Fed ile SNB\u2019nin para politikalar\u0131 belirgin \u015fekilde ayr\u0131\u015ft\u0131\u011f\u0131nda (2023 ve 2024\u2019te oldu\u011fu gibi) USD\/CHF paritesinde volatilitenin artt\u0131\u011f\u0131 g\u00f6r\u00fcl\u00fcyor. Bu nedenle, merkez bankas\u0131 a\u00e7\u0131klamalar\u0131 etraf\u0131nda keskin hareketler beklenebilir. Bu ortamda, y\u00fckseli\u015f y\u00f6nl\u00fc g\u00f6r\u00fc\u015f\u00fc ifade ederken olas\u0131 zarar\u0131 s\u0131n\u0131rlayan bo\u011fa al\u0131m spreadi (bull call spread) gibi tan\u0131ml\u0131 risk stratejilerinin kullan\u0131lmas\u0131 daha temkinli bir yakla\u015f\u0131m olabilir.<\/p>\n\n\n\n

Hemen i\u015flem yapmaya ba\u015flay\u0131n \u2014 ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in buraya<\/a> t\u0131klay\u0131n.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

S\u00fcrpriz ralli: USD\/CHF, jeopolitik risk primi ve politika ayr\u0131\u015fmas\u0131yla g\u00fc\u00e7leniyor. Zay\u0131f NFP\u2019ye ra\u011fmen dolar talebi artarken, \u0130svi\u00e7re\u2019de i\u015fsizlik y\u00fckseldi. Odak FOMC tutanaklar\u0131; yukar\u0131 y\u00f6n bask\u0131n.<\/p>\n","protected":false},"author":87,"featured_media":49961,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-50731","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\/50731","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=50731"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/50731\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/49961"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=50731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=50731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=50731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}