{"id":53743,"date":"2026-09-08T02:26:04","date_gmt":"2026-09-08T02:26:04","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr-mena\/uncategorized\/usd-krw-ulusal-emeklilik-servisinin-vadeli-dolar-satislarini-durdurabilecegi-beklentisiyle-toparlandi-ing-konsolidasyon-ongoruyor\/"},"modified":"2026-09-08T02:26:04","modified_gmt":"2026-09-08T02:26:04","slug":"usd-krw-ulusal-emeklilik-servisinin-vadeli-dolar-satislarini-durdurabilecegi-beklentisiyle-toparlandi-ing-konsolidasyon-ongoruyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/usd-krw-ulusal-emeklilik-servisinin-vadeli-dolar-satislarini-durdurabilecegi-beklentisiyle-toparlandi-ing-konsolidasyon-ongoruyor\/","title":{"rendered":"USD\/KRW, Ulusal Emeklilik Servisi\u2019nin vadeli dolar sat\u0131\u015flar\u0131n\u0131 durdurabilece\u011fi beklentisiyle toparland\u0131; ING konsolidasyon \u00f6ng\u00f6r\u00fcyor"},"content":{"rendered":"

USD\/KRW, G\u00fcney Kore Ulusal Emeklilik Fonu\u2019nun (NPS) vadeli piyasada ABD Dolar\u0131 sat\u0131m\u0131n\u0131 duraklatabilece\u011fi hatta tersine \u00e7evirebilece\u011fine y\u00f6nelik haberlerin ard\u0131ndan 1335 seviyesinden toparland\u0131. S\u00f6z konusu hareket, wonu desteklemeyi ama\u00e7layan \u00f6nlemler kapsam\u0131nda haziranda devreye al\u0131nan NPS kur riskinden korunma (FX hedging) ayarlamalar\u0131n\u0131 izlerken; hazirandan bu yana USD\/KRW\u2019de g\u00f6r\u00fclen %15\u2019lik d\u00fc\u015f\u00fc\u015f\u00fcn ard\u0131ndan geliyor. Bu gerileme, 2022\u2019de g\u00f6zlenen kaymayla kar\u015f\u0131la\u015ft\u0131r\u0131labilecek \u00f6l\u00e7ekte.<\/p>\n\n

Geli\u015fmeler, politika yap\u0131c\u0131lar\u0131n KRW\u2019deki son de\u011ferlenmeden memnun oldu\u011funa ve paritede kazan\u00e7lar\u0131n bir s\u00fcre duraklamas\u0131na tolerans g\u00f6stermeye haz\u0131rland\u0131\u011f\u0131na i\u015faret ediyor. ING, USD\/KRW ve USD\/JPY\u2019de bir konsolidasyon d\u00f6nemi bekliyor; bu iki maj\u00f6r d\u00f6viz \u00e7iftinde daha s\u0131n\u0131rl\u0131 Dolar sat\u0131m\u0131n\u0131n, daha geni\u015f \u00f6l\u00e7ekte Dolar\u0131n genel seyrini destekleyebilece\u011fini savunuyor.<\/p>\n\n

Won G\u00fcc\u00fcne Politika Yan\u0131t\u0131<\/h3>\n\n

G\u00fcney Kore wonunun (KRW) son d\u00f6nemdeki h\u0131zl\u0131 de\u011fer kazan\u0131m\u0131n\u0131n bir politika tavan\u0131na \u00e7arpt\u0131\u011f\u0131na dair net i\u015faretler g\u00f6r\u00fcyoruz. USD\/KRW paritesi, \u00fclkenin Ulusal Emeklilik Fonu\u2019nun (NPS) vadeli piyasada y\u00fcr\u00fctt\u00fc\u011f\u00fc dolar sat\u0131m program\u0131n\u0131 durdurabilece\u011fi hatta tersine \u00e7evirebilece\u011fi haberleri sonras\u0131 1335\u2019teki diplerinden yukar\u0131 tepki verdi. M\u00fcdahaleye ara verilmesi, yerel otoritelerin wonun \u015fimdilik yeterince g\u00fc\u00e7lendi\u011fi kanaatinde oldu\u011funa i\u015faret ediyor.<\/p>\n\n

Tarihsel olarak wonun %15\u2019lik g\u00fc\u00e7l\u00fc rallisi, 2022\u2019nin sonlar\u0131nda paritenin 1.400\u2019\u00fcn \u00fczerinden h\u0131zla geri \u00e7ekildi\u011fi sert d\u00fczeltmeye benziyor. G\u00fcney Kore\u2019nin cari fazla g\u00f6r\u00fcn\u00fcm\u00fc g\u00fc\u00e7l\u00fc seyrini korusa da, k\u00fcresel talepteki dalgalanmalar kar\u015f\u0131s\u0131nda politika yap\u0131c\u0131lar yerel ihracat rekabet\u00e7ili\u011fini korumak istiyor. Bu politika de\u011fi\u015fiminin, won kazan\u00e7lar\u0131n\u0131 ge\u00e7ici olarak s\u0131n\u0131rlay\u0131p kurda istikrar\u0131 desteklemesini bekliyoruz.<\/p>\n\n

Etkiler ve \u0130\u015flem Stratejileri<\/h3>\n\n

T\u00fcrev piyasas\u0131 yat\u0131r\u0131mc\u0131lar\u0131 a\u00e7\u0131s\u0131ndan, hem USD\/KRW hem de USD\/JPY\u2019de agresif k\u0131sa Dolar pozisyonlar\u0131ndan uzakla\u015f\u0131lmas\u0131n\u0131 \u00f6neriyoruz. Bunun yerine, 1335 destek b\u00f6lgesine yak\u0131n k\u0131sa vadeli put sat\u0131\u015f\u0131 gibi n\u00f6trden \u0131l\u0131ml\u0131 y\u00fckseli\u015f e\u011filimli opsiyon stratejileri veya bant i\u00e7i (range-bound) spread kurgular\u0131 \u00f6ne \u00e7\u0131k\u0131yor. Asya para birimlerinde al\u0131m bask\u0131s\u0131n\u0131n so\u011fumas\u0131, \u00f6n\u00fcm\u00fczdeki haftalarda daha geni\u015f \u00f6l\u00e7ekte ABD Dolar Endeksi\u2019ne (DXY) ihtiya\u00e7 duydu\u011fu teknik taban\u0131 sa\u011flama olas\u0131l\u0131\u011f\u0131n\u0131 art\u0131r\u0131yor.<\/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":"

Won rallisi fren mi yap\u0131yor? NPS\u2019nin vadeli dolar sat\u0131\u015f\u0131n\u0131 durdurup tersine \u00e7evirebilece\u011fi haberleriyle USD\/KRW 1335\u2019ten toparland\u0131. %15\u2019lik d\u00fc\u015f\u00fc\u015f sonras\u0131 konsolidasyon bekleniyor; s\u0131n\u0131rl\u0131 dolar sat\u0131\u015f\u0131 DXY\u2019yi destekleyebilir.<\/p>\n","protected":false},"author":87,"featured_media":50005,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-53743","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