{"id":69457,"date":"2026-10-12T02:53:42","date_gmt":"2026-10-12T02:53:42","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr-mena\/uncategorized\/usd-cad-hits-april-2025-high-as-weak-canada-jobs-data-deepens-us-yield-advantage\/"},"modified":"2026-10-12T02:53:42","modified_gmt":"2026-10-12T02:53:42","slug":"usd-cad-hits-april-2025-high-as-weak-canada-jobs-data-deepens-us-yield-advantage","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/usd-cad-hits-april-2025-high-as-weak-canada-jobs-data-deepens-us-yield-advantage\/","title":{"rendered":"Zay\u0131f Kanada \u0130stihdam Verileri ABD Tahvil Getirisi Avantaj\u0131n\u0131 Art\u0131r\u0131rken USD\/CAD Nisan 2025 Zirvesine Ula\u015ft\u0131"},"content":{"rendered":"

USD\/CAD, Cuma g\u00fcn\u00fc yumu\u015fak gelen yurt i\u00e7i istihdam verisinin ard\u0131ndan Kanada Dolar\u0131\u2019n\u0131n zay\u0131flamas\u0131yla y\u00fckseldi; g\u00fc\u00e7l\u00fc ABD Dolar\u0131 da harekete destek verdi. Parite, piyasalar\u0131n Kanada g\u00f6r\u00fcn\u00fcm\u00fcn\u00fc yeniden fiyatlamas\u0131 ve ABD\u2019de ilave politika s\u0131k\u0131la\u015ft\u0131rmas\u0131na daha fazla a\u011f\u0131rl\u0131k vermesiyle Nisan 2025\u2019ten bu yana g\u00f6r\u00fclen seviyelere yak\u0131n, 1,4276 civar\u0131nda i\u015flem g\u00f6rd\u00fc.<\/p>\n\n

Statistics Canada, A\u011fustos\u2019ta 41,7 binlik d\u00fc\u015f\u00fc\u015f\u00fcn ard\u0131ndan Eyl\u00fcl\u2019de istihdam\u0131n beklentilerdeki 7 bin art\u0131\u015fa kar\u015f\u0131l\u0131k 68,3 bin azald\u0131\u011f\u0131n\u0131 a\u00e7\u0131klad\u0131. \u0130\u015fsizlik oran\u0131 %6,4\u2019ten %6,5\u2019e y\u00fckselirken, i\u015fg\u00fcc\u00fcne kat\u0131l\u0131m oran\u0131 %64,8\u2019e gerileyerek pandemi d\u00f6nemi d\u0131\u015f\u0131nda Aral\u0131k 1997\u2019den bu yana en d\u00fc\u015f\u00fck seviyeyi g\u00f6rd\u00fc. Kanada tahvil getirileri d\u00fc\u015ferken iki y\u0131ll\u0131k getiri 8 baz puan\u0131n \u00fczerinde gerileyerek yakla\u015f\u0131k %3,199\u2019a indi. ABD Dolar\u0131 18 ay\u0131n zirvesine yak\u0131n seyrini korudu; DXY g\u00fcn i\u00e7i 101,92 dip seviyesini g\u00f6rd\u00fckten sonra 102,30 civar\u0131nda kald\u0131. ABD iki y\u0131ll\u0131k tahvil getirisi %4,797 civar\u0131nda tutunarak Kanada\u2019n\u0131n yakla\u015f\u0131k 160 baz puan \u00fczerinde seyretti. Piyasalar\u0131n oda\u011f\u0131 Michigan \u00dcniversitesi g\u00fcven endeksi ile 1 y\u0131ll\u0131k ve 5 y\u0131ll\u0131k enflasyon beklentilerine kay\u0131yor.<\/p>\n\n

Getiri Ayr\u0131\u015fmas\u0131 Ortam\u0131nda \u0130\u015flem Stratejileri<\/h3>\n\n

T\u00fcrev i\u015flemcilerinin bu yukar\u0131 y\u00f6nl\u00fc momentumu yakalamak i\u00e7in USD\/CAD al\u0131m (call) opsiyonlar\u0131na odaklanmas\u0131 veya uzun pozisyon almas\u0131 gerekti\u011fine inan\u0131yoruz. ABD ve Kanada ekonomileri aras\u0131ndaki belirgin ayr\u0131\u015fma, 1,4300 seviyesine do\u011fru bu hamlenin \u00f6n\u00fcm\u00fczdeki haftalarda olduk\u00e7a kal\u0131c\u0131 olabilece\u011fine i\u015faret ediyor. Tarihsel olarak, ABD ve Kanada k\u0131sa vadeli tahvilleri aras\u0131ndaki getiri fark\u0131 150 baz puan\u0131n \u00fczerine geni\u015fledi\u011finde, bu parite uzun vadeli bir y\u00fckseli\u015f trendi olu\u015fturma e\u011filimi g\u00f6steriyor.<\/p>\n\n

Bu faiz fark\u0131ndan faiz swaplar\u0131 veya k\u0131sa vadeli vadeli i\u015flemlerle de faydalanabiliriz. ABD iki y\u0131ll\u0131k getirisi %4,797 civar\u0131nda seyrederken Kanada\u2019n\u0131nki %3,199 d\u00fczeyinde; 160 baz puanl\u0131k b\u00fcy\u00fck fark, Kanada Dolar\u0131 i\u00e7in g\u00fc\u00e7l\u00fc bir ters r\u00fczg\u00e2r yarat\u0131yor. Loonie\u2019yi satarak Greenback\u2019i alan yat\u0131r\u0131mc\u0131lar bu getiri avantaj\u0131n\u0131 yakalayabilir; \u00f6zellikle de Kanada Merkez Bankas\u0131\u2019n\u0131n faizleri sabit tutma veya indirme bask\u0131s\u0131 alt\u0131nda oldu\u011fu bir d\u00f6nemde.<\/p>\n\n

Opsiyonlar ve Dolar G\u00fcc\u00fc Pozisyonlanmas\u0131<\/h3>\n\n

Kanada\u2019n\u0131n i\u015fg\u00fcc\u00fcne kat\u0131l\u0131m oran\u0131 %64,8\u2019e kadar geriledi\u011fi i\u00e7in, d\u00f6viz piyasas\u0131 oynakl\u0131\u011f\u0131nda CAD sat\u0131m (put) opsiyonlar\u0131n\u0131 destekleyen bir art\u0131\u015f bekliyoruz. Mevcut \u015fartlarda opsiyon satmak olduk\u00e7a riskli; zira zay\u0131f bir i\u015fg\u00fcc\u00fc piyasas\u0131 tarihsel olarak Kanada Dolar\u0131\u2019nda ani ve sert d\u00fc\u015f\u00fc\u015fleri tetikliyor. Put opsiyonu alarak azami riski tan\u0131mlarken, CAD\u2019de d\u00fc\u015f\u00fc\u015f sarmal\u0131 devam ederse anlaml\u0131 bir kazan\u00e7 alan\u0131 b\u0131rakabiliriz.<\/p>\n\n

Son olarak, 102,30 ile 18 ay\u0131n zirvesine yak\u0131n kalan ABD Dolar\u0131\u2019n\u0131n genel g\u00fcc\u00fcyle stratejilerimizi uyumlu hale getirmeliyiz. Kilit ABD merkez bankas\u0131 yetkililerinden gelen \u015fahin mesajlar, Fed\u2019in faiz art\u0131r\u0131mlar\u0131n\u0131 bitirmedi\u011fine i\u015faret ediyor. Makroekonomik ger\u00e7eklerle g\u00fc\u00e7l\u00fc bi\u00e7imde desteklenen genel y\u00fckseli\u015f trendi nedeniyle, k\u00fc\u00e7\u00fck geri \u00e7ekilmelerde ABD Dolar\u0131 al\u0131m\u0131 de\u011ferlendirilmelidir.<\/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":"

\u015eok veri, sert fiyatlama: Kanada istihdam\u0131 68,3 bin d\u00fc\u015ft\u00fc, CAD zay\u0131flad\u0131; USD\/CAD 1,4276\u2019ya \u00e7\u0131kt\u0131. Getiri fark\u0131 160 bp. Strateji: long\/call USD\/CAD, CAD put; DXY g\u00fc\u00e7l\u00fc.<\/p>\n","protected":false},"author":87,"featured_media":69456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-69457","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