Sterlin, Cuma g\u00fcnk\u00fc k\u0131sa aran\u0131n ard\u0131ndan Japon para birimine y\u00f6nelik talebin yeniden g\u00fc\u00e7lenmesiyle Pazartesi g\u00fcn\u00fc yen kar\u015f\u0131s\u0131nda geriledi. GBP\/JPY paritesi Avrupa i\u015flemlerinin erken saatlerinde 209,00 seviyesinin alt\u0131na sarkarak 24 \u015eubat\u2019tan bu yana en d\u00fc\u015f\u00fck d\u00fczeyini g\u00f6rd\u00fc. Hareketin arkas\u0131nda, Japonya Merkez Bankas\u0131 (BoJ) politikas\u0131na ili\u015fkin \u015fahin bir yeniden fiyatlama yer ald\u0131. Piyasalar art\u0131k 17\u201318 Eyl\u00fcl toplant\u0131s\u0131nda 25 baz puanl\u0131k faiz art\u0131\u015f\u0131n\u0131 tamamen fiyatlarken, enflasyon beklentileri ile uzun vadeli tahvil getirilerini dizginlemek amac\u0131yla daha b\u00fcy\u00fck bir art\u0131\u015fa gidilebilece\u011fine y\u00f6nelik s\u00f6ylemler de \u00f6ne \u00e7\u0131kt\u0131.<\/p>\n
Japonya\u2019da d\u00f6viz piyasas\u0131na yeni bir m\u00fcdahale gelebilece\u011fine dair spek\u00fclasyonlar da yene destek vererek \u00e7apraz \u00fczerindeki bask\u0131y\u0131 art\u0131rd\u0131. D\u00fc\u015f\u00fc\u015f, 210,00 psikolojik e\u015fi\u011finin net bi\u00e7imde k\u0131r\u0131lmas\u0131n\u0131n ard\u0131ndan gelen teknik sat\u0131\u015flarla da h\u0131z kazand\u0131. \u00d6te yandan Japonya\u2019n\u0131n mali g\u00f6r\u00fcn\u00fcm\u00fcne ili\u015fkin endi\u015feler, yenin daha fazla de\u011fer kazanmas\u0131n\u0131n \u00f6n\u00fcnde potansiyel bir k\u0131s\u0131t olarak de\u011ferlendirildi. Sterlin, ABD Dolar\u0131\u2019ndaki zay\u0131flaman\u0131n deste\u011fiyle s\u0131n\u0131rl\u0131 bir toparlanma g\u00f6stererek bir miktar nefes ald\u0131; bu durum, teknik ve politika zeminindeki negatif g\u00f6r\u00fcn\u00fcme ra\u011fmen GBP\/JPY\u2019de ilave d\u00fc\u015f\u00fc\u015fleri bir \u00f6l\u00e7\u00fcde s\u0131n\u0131rlayabilir.<\/p>\n
D\u00f6viz piyasalar\u0131nda Japon Yeni\u2019nin sert de\u011fer kazan\u0131m\u0131yla belirgin bir y\u00f6n de\u011fi\u015fimi g\u00f6r\u00fcyoruz; bu hareket GBP\/JPY paritesini kritik 210,00 psikolojik seviyesinin alt\u0131na itiyor. Alt\u0131 ay\u0131n en d\u00fc\u015f\u00fck seviyesine do\u011fru bu sert geri \u00e7ekilme, piyasan\u0131n 17\u201318 Eyl\u00fcl\u2019deki BoJ toplant\u0131s\u0131 \u00f6ncesinde olas\u0131 bir faiz art\u0131r\u0131m\u0131n\u0131 agresif bi\u00e7imde fiyatlamas\u0131ndan besleniyor. Bu oynakl\u0131k ortam\u0131nda, t\u00fcrev yat\u0131r\u0131mc\u0131lar\u0131na GBP\/JPY\u2019de k\u0131sa pozisyon stratejilerine y\u00f6nelmelerini ve ge\u00e7ici tepki y\u00fckseli\u015flerini sat\u0131\u015f f\u0131rsat\u0131 olarak de\u011ferlendirmelerini \u00f6neriyoruz.<\/p>\n
Pariteye ili\u015fkin negatif g\u00f6r\u00fc\u015f\u00fcm\u00fcz, de\u011fi\u015fen faiz farklar\u0131 ve g\u00fc\u00e7l\u00fc makro verilerle destekleniyor. Japonya\u2019da \u00e7ekirdek enflasyon, merkez bankas\u0131n\u0131n %2 hedefinin inatla \u00fczerinde kalmay\u0131 s\u00fcrd\u00fcrd\u00fc; son d\u00f6nemde %2,5\u2019e ula\u015fmas\u0131, politika yap\u0131c\u0131lar \u00fczerindeki s\u0131k\u0131la\u015fma bask\u0131s\u0131n\u0131 art\u0131r\u0131yor. Buna kar\u015f\u0131l\u0131k, Chicago Mercantile Exchange\u2019teki spek\u00fclatif net yen k\u0131sa pozisyonlar\u0131 y\u0131l i\u00e7i zirvelerine k\u0131yasla %80\u2019den fazla gerileyerek kurumsal yat\u0131r\u0131mc\u0131lar\u0131n carry trade pozisyonlar\u0131n\u0131 h\u0131zla \u00e7\u00f6zmeye ba\u015flad\u0131\u011f\u0131na i\u015faret ediyor.<\/p>\n
Opsiyon yat\u0131r\u0131mc\u0131lar\u0131n\u0131n, a\u015fa\u011f\u0131 y\u00f6nl\u00fc ivmelenmeyi yakalamak amac\u0131yla k\u0131sa vadeli vadeye sahip GBP\/JPY sat\u0131m (put) opsiyonlar\u0131na odaklanmas\u0131n\u0131 \u00f6neriyoruz. Tarihsel \u00f6r\u00fcnt\u00fcler, GBP\/JPY\u2019nin 210,00 gibi kritik destek seviyelerini k\u0131rd\u0131\u011f\u0131nda s\u0131kl\u0131kla algoritmik zarar-kes (stop-loss) emirlerini tetikledi\u011fini ve bunun da g\u00fcnler i\u00e7inde %2 ila %3\u2019l\u00fck h\u0131zl\u0131 geri \u00e7ekilmeler do\u011furabildi\u011fini g\u00f6steriyor. A\u015fa\u011f\u0131 y\u00f6nl\u00fc put spread stratejileri kullanmak, prim maliyetini s\u0131n\u0131rlarken beklenen bu teknik k\u0131r\u0131lmadan elde edilecek getiriyi art\u0131rmaya yard\u0131mc\u0131 olacakt\u0131r.<\/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":" Yen talebi g\u00fc\u00e7lenince Sterlin sars\u0131ld\u0131: GBP\/JPY 209\u2019un alt\u0131na inip 24 \u015eubat\u2019tan beri en d\u00fc\u015f\u00fc\u011f\u00fc g\u00f6rd\u00fc. BoJ\u2019un Eyl\u00fcl\u2019de faiz art\u0131\u015f\u0131n\u0131 fiyatlayan piyasa, m\u00fcdahale beklentisiyle sat\u0131\u015flar\u0131 h\u0131zland\u0131rd\u0131.<\/p>\n","protected":false},"author":87,"featured_media":50091,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-53719","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