{"id":51199,"date":"2026-07-18T03:29:26","date_gmt":"2026-07-18T03:29:26","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr-mena\/uncategorized\/cftc-verileri-yende-net-kisa-pozisyonlarin-hafif-daraldigini-gosteriyor-spekulatorler-olasi-bir-sikismaya-karsi-acikta-kaliyor\/"},"modified":"2026-07-18T03:29:26","modified_gmt":"2026-07-18T03:29:26","slug":"cftc-verileri-yende-net-kisa-pozisyonlarin-hafif-daraldigini-gosteriyor-spekulatorler-olasi-bir-sikismaya-karsi-acikta-kaliyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/cftc-verileri-yende-net-kisa-pozisyonlarin-hafif-daraldigini-gosteriyor-spekulatorler-olasi-bir-sikismaya-karsi-acikta-kaliyor\/","title":{"rendered":"CFTC Verileri Yen\u2019de Net K\u0131sa Pozisyonlar\u0131n Hafif Darald\u0131\u011f\u0131n\u0131 G\u00f6steriyor; Spek\u00fclat\u00f6rler Olas\u0131 Bir S\u0131k\u0131\u015fmaya Kar\u015f\u0131 A\u00e7\u0131kta Kal\u0131yor"},"content":{"rendered":"

Japonya i\u00e7in CFTC verileri, JPY\u2019de non-commercial net pozisyonlar\u0131n \u00f6nceki d\u00f6nemdeki \u00a5-123,8K seviyesinden \u00a5-122,7K\u2019ya geriledi\u011fini g\u00f6sterdi. Bu de\u011fi\u015fim, son raporlama d\u00f6neminde net k\u0131sa pozisyonun s\u0131n\u0131rl\u0131 \u00f6l\u00e7\u00fcde darald\u0131\u011f\u0131na i\u015faret ediyor.<\/p>\n

Veriler, spek\u00fclatif pozisyonlanmada geni\u015f \u00e7apl\u0131 bir y\u00f6n de\u011fi\u015fiminden ziyade marjinal bir ayarlamaya i\u015faret ediyor. Net pozisyonlar h\u00e2l\u00e2 negatif b\u00f6lgede oldu\u011fundan, non-commercial hesaplar k\u00fc\u00e7\u00fck \u00e7apl\u0131 \u201cdaha az ay\u0131\u201d y\u00f6ne kay\u0131\u015fa ra\u011fmen JPY\u2019de net k\u0131sa kalmaya devam ediyor.<\/p>\n

Yen Net K\u0131sa Pozisyonlar\u0131nda S\u0131n\u0131rl\u0131 Ayarlama, Ancak Riskler S\u00fcr\u00fcyor<\/h3>\n

En son CFTC verileri, Japon Yeni\u2019ndeki spek\u00fclatif net k\u0131sa pozisyonlar\u0131n -123,8 bin kontrattan -122,7 bin kontrata s\u0131n\u0131rl\u0131 \u00f6l\u00e7\u00fcde darald\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Bu, k\u00fc\u00e7\u00fck bir k\u0131sa pozisyon kapama e\u011filimine i\u015faret etse de piyasan\u0131n Yen aleyhine e\u011filimi belirgin bi\u00e7imde s\u00fcr\u00fcyor. Bizce bu \u00f6l\u00e7ekteki net-k\u0131sa pozisyonlanma, Japonya makro verilerinin yukar\u0131 y\u00f6nl\u00fc s\u00fcrpriz yapmas\u0131 halinde piyasay\u0131 ani \u201cshort squeeze\u201d hareketlerine kar\u015f\u0131 olduk\u00e7a k\u0131r\u0131lgan b\u0131rak\u0131yor.<\/p>\n

Tarihsel olarak Yen net k\u0131sa pozisyonlar\u0131 -120 bin e\u015fi\u011fini a\u015ft\u0131\u011f\u0131nda, temmuz 2024\u2019te s\u00fcrpriz faiz art\u0131\u015f\u0131n\u0131n y\u00fcksek kald\u0131ra\u00e7l\u0131 i\u015flemleri ters k\u00f6\u015feye yat\u0131rmas\u0131yla g\u00f6r\u00fclen sert \u00e7\u00f6z\u00fclmeye benzer \u015fekilde, \u00e7o\u011fu zaman ani tersine d\u00f6n\u00fc\u015fler izleniyor. H\u00e2lihaz\u0131rda Japonya 10 y\u0131ll\u0131k devlet tahvili getirileri yakla\u015f\u0131k %1,1 ile \u00e7ok y\u0131ll\u0131k zirvelere yak\u0131n seyrederek Japonya Merkez Bankas\u0131 (BoJ) \u00fczerindeki bask\u0131n\u0131n s\u00fcrd\u00fc\u011f\u00fcne i\u015faret ediyor. T\u00fcrev i\u015flem yapan yat\u0131r\u0131mc\u0131lara, bu getirileri yak\u0131ndan izlemelerini \u00f6neriyoruz; \u00e7\u00fcnk\u00fc getirilerdeki hareket, kalan k\u0131sa pozisyonlar\u0131n h\u0131zla s\u0131k\u0131\u015fmas\u0131n\u0131 tetikleyebilir.<\/p>\n

Olas\u0131 BoJ De\u011fi\u015fimleri Ekseninde \u0130\u015flem Stratejileri<\/h3>\n

\u00d6n\u00fcm\u00fczdeki haftalarda, yat\u0131r\u0131mc\u0131lar\u0131n JPY\u2019de zaten yo\u011funla\u015fm\u0131\u015f k\u0131sa pozisyonlara ekleme yapmaktan ka\u00e7\u0131nmalar\u0131n\u0131; bunun yerine ucuz, kullan\u0131m fiyat\u0131 spotun \u00fczerinde (out-of-the-money) Yen al\u0131m opsiyonlar\u0131na y\u00f6nelmelerini \u00f6neriyoruz. Bu yakla\u015f\u0131m, BoJ\u2019un yakla\u015fan toplant\u0131s\u0131nda politikay\u0131 s\u0131k\u0131la\u015ft\u0131rma y\u00f6n\u00fcnde ad\u0131m atmas\u0131 h\u00e2linde olu\u015fabilecek sert yukar\u0131 hareketin yakalanmas\u0131na imk\u00e2n tan\u0131r. Bu d\u00f6nemde s\u0131k\u0131 risk limitleri kritik; zira duyarl\u0131l\u0131ktaki k\u00fc\u00e7\u00fck bir de\u011fi\u015fim bile g\u00fc\u00e7l\u00fc bir ralli ba\u015flatabilir.<\/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":"

CFTC\u2019ye g\u00f6re JPY net k\u0131sa pozisyonu -123,8 binden -122,7 bine darald\u0131: k\u00fc\u00e7\u00fck kapama, trend h\u00e2l\u00e2 Yen aleyhine. -120 bin \u00fczeri short squeeze riskini b\u00fcy\u00fct\u00fcyor; BoJ ve %1,1 JGB getirileri kritik.<\/p>\n","protected":false},"author":87,"featured_media":49957,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-51199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t