{"id":43515,"date":"2026-03-27T10:44:27","date_gmt":"2026-03-27T10:44:27","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/43515\/"},"modified":"2026-03-27T10:44:27","modified_gmt":"2026-03-27T10:44:27","slug":"%e5%8c%af%e8%b1%90%e9%a0%90%e6%9c%9f%e7%b4%90%e5%85%83%e7%9f%ad%e6%9c%9f%e5%85%a7%e5%85%8c%e7%be%8e%e5%85%83%e4%bb%8d%e5%b0%87%e6%89%bf%e5%a3%93%ef%bc%8c%e5%84%98%e7%ae%a1%e5%b8%82%e5%a0%b4%e5%b7%b2","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/43515\/","title":{"rendered":"\u532f\u8c50\u9810\u671f\u7d10\u5143\u77ed\u671f\u5167\u514c\u7f8e\u5143\u4ecd\u5c07\u627f\u58d3\uff0c\u5118\u7ba1\u5e02\u5834\u5df2\u5c07\u7d10\u897f\u862d\u592e\u884c\u9032\u4e00\u6b65\u6536\u7dca\u653f\u7b56\u7d0d\u5165\u5b9a\u50f9"},"content":{"rendered":"\u532f\u8c50\u74b0\u7403\u7814\u7a76\u9810\u671f\uff0c\u672a\u4f86\u5e7e\u9031\u7d10\u897f\u862d\u5143\uff08NZD\uff09\u514c\u7f8e\u5143\uff08USD\uff09\u4ecd\u6703\u627f\u53d7\u58d3\u529b\u3002\u5e02\u5834\u4ecd\u5728\u50f9\u683c\u4e2d\u53cd\u6620\uff1a\u672a\u4f8612\u500b\u6708\u7d10\u897f\u862d\u592e\u884c\uff08RBNZ\uff0c\u6307\u300c\u7d10\u897f\u862d\u5132\u5099\u9280\u884c\u300d\uff0c\u4e5f\u5c31\u662f\u4e2d\u592e\u9280\u884c\uff09\u53ef\u80fd\u6703\u9032\u4e00\u6b65\u6536\u7dca\u653f\u7b56\uff08\u4e5f\u5c31\u662f\u300c\u5347\u606f\u300d\u6216\u63d0\u9ad8\u501f\u8cb8\u6210\u672c\uff09\u3002\n\nRBNZ \u9810\u8a08\u65bc 4 \u6708 8 \u65e5\u958b\u6703\uff0c\u653f\u7b56\u5229\u7387\uff08\u4e5f\u5c31\u662f\u592e\u884c\u8a2d\u5b9a\u7684\u57fa\u6e96\u5229\u7387\uff09\u9810\u671f\u7dad\u6301\u5728 2.25%\uff08Bloomberg\uff0c2026 \u5e74 3 \u6708 25 \u65e5\uff09\u3002\u53d7\u4e2d\u6771\u885d\u7a81\u5f71\u97ff\uff0c\u6cb9\u6c23\u50f9\u683c\u4e0a\u5347\uff0c\u63a8\u9ad8\u4e86\u7d10\u897f\u862d\u672c\u5730\u300c\u6b96\u5229\u7387\u300d\uff08\u6307\u50b5\u5238\u6216\u5229\u7387\u5546\u54c1\u7684\u56de\u5831\u7387\uff09\uff0c\u4e5f\u8b93\u5e02\u5834\u5c0d\u672a\u4f86\u5347\u606f\u7684\u9810\u671f\u589e\u52a0\u3002\n\n<h3>\u77ed\u671f NZD\/USD \u5c55\u671b<\/h3>\n\u76f8\u8f03\u65bc\u6fb3\u6d32\u5229\u7387\uff0c\u7d10\u897f\u862d\u5229\u7387\u7684\u4e0a\u5347\u5e45\u5ea6\u66f4\u5927\uff0c\u652f\u6490\u4e86\u7d10\u897f\u862d\u5143\u514c\u6fb3\u5e63\uff08AUD\uff09\u7684\u8868\u73fe\u3002\u4e0d\u904e\uff0c\u9664\u975e RBNZ \u7684\u614b\u5ea6\u6bd4\u5e02\u5834\u9810\u671f\u66f4\u300c\u504f\u9df9\u300d\uff08hawkish\uff0c\u6307\u66f4\u50be\u5411\u5347\u606f\u3001\u5c0d\u901a\u81a8\u66f4\u5f37\u786c\uff09\uff0c\u5426\u5247 NZD\/USD \u9810\u671f\u4ecd\u504f\u5f31\u3002\n\n\u672a\u4f86\u5e7e\u9031\uff0c\u7d10\u897f\u862d\u5143\u514c\u7f8e\u5143\u53ef\u80fd\u4ecd\u504f\u5f31\u3002\u672c\u6708 NZD\/USD \u5df2\u4e0b\u6ed1\u5230\u7d04 0.6150\uff0c\u4e3b\u8981\u56e0\u70ba\u7f8e\u570b\u8fd1\u671f\u6578\u64da\u504f\u5f37\uff0c\u4f8b\u5982\u4e0a\u9031\u7684\u975e\u8fb2\u5c31\u696d\uff08non-farm payrolls\uff0c\u6307\u7f8e\u570b\u300c\u975e\u8fb2\u696d\u90e8\u9580\u65b0\u589e\u5c31\u696d\u4eba\u6578\u300d\uff09\u65b0\u589e 25 \u842c\u500b\u5de5\u4f5c\uff0c\u652f\u6490\u7f8e\u5143\uff08greenback\uff0c\u6307\u7f8e\u5143\uff09\u3002\u5728 RBNZ \u958b\u6703\u524d\uff0c\u9019\u7a2e\u8d70\u52e2\u53ef\u80fd\u5ef6\u7e8c\u3002\n\n\u96d6\u7136\u5e02\u5834\u9810\u671f\u672a\u4f86\u4e00\u5e74 RBNZ \u4ecd\u53ef\u80fd\u5347\u606f\uff0c\u4f46\u9019\u4e9b\u9810\u671f\u591a\u534a\u5df2\u53cd\u6620\u5728\u532f\u7387\u8207\u5229\u7387\u5546\u54c1\u50f9\u683c\u4e4b\u4e2d\u3002\u5e03\u862d\u7279\u539f\u6cb9\uff08Brent crude\uff0c\u6307\u570b\u969b\u5e38\u7528\u7684\u539f\u6cb9\u50f9\u683c\u6307\u6a19\uff09\u7dad\u6301\u5728\u6bcf\u6876\u7d04 95 \u7f8e\u5143\u9644\u8fd1\uff0c\u52a0\u4e0a 2025 \u5e74\u7b2c 4 \u5b63\u901a\u81a8\u6578\u64da\u4ecd\u5728 3.8% \u4e14\u4e0d\u6613\u4e0b\u964d\uff0c\u672a\u4f86\u504f\u7dca\u7684\u65b9\u5411\u4e26\u4e0d\u610f\u5916\u3002\u56e0\u6b64\uff0c4 \u6708 8 \u65e5\u9019\u5834\u9810\u671f\u5229\u7387\u7dad\u6301 2.25% \u7684\u6703\u8b70\uff0c\u53ef\u80fd\u4e0d\u6703\u5e36\u4f86\u984d\u5916\u652f\u6490\u3002\n\n\u9019\u4ee3\u8868\u53ef\u8003\u616e\u8cb7\u5165 NZD\/USD \u7684\u8ce3\u6b0a\uff08put options\uff0c\u6307\u300c\u770b\u8dcc\u671f\u6b0a\u300d\uff0c\u7528\u4f86\u62bc\u6ce8\u532f\u7387\u4e0b\u8dcc\u6216\u505a\u907f\u96aa\uff09\uff0c\u5230\u671f\u65e5\u653e\u5728 4 \u6708\u6703\u8b70\u4e4b\u5f8c\uff0c\u4ee5\u5e03\u5c40\u9032\u4e00\u6b65\u4e0b\u8dcc\u3002\u7531\u65bc\u5e02\u5834\u5df2\u5927\u81f4\u53cd\u6620 RBNZ \u53ef\u80fd\u7684\u52d5\u4f5c\uff0c\u9019\u4e9b\u671f\u6b0a\u7684\u300c\u96b1\u542b\u6ce2\u52d5\u7387\u300d\uff08implied volatility\uff0c\u6307\u5e02\u5834\u5f9e\u671f\u6b0a\u50f9\u683c\u63a8\u7b97\u51fa\u7684\u672a\u4f86\u6ce2\u52d5\u9810\u671f\uff09\u53ef\u80fd\u504f\u9ad8\u3002\u82e5 RBNZ \u7d50\u679c\u5982\u9810\u671f\u504f\u4e2d\u6027\uff0c\u900f\u904e\u300c\u8ce3\u51fa\u6ce2\u52d5\u300d\u7684\u7b56\u7565\u53ef\u80fd\u6709\u5229\uff0c\u4f8b\u5982\u505a\u7a7a\u5bec\u8de8\u5f0f\u7b56\u7565\uff08short strangles\uff0c\u6307\u540c\u6642\u8ce3\u51fa\u4e00\u500b\u8f03\u9ad8\u5c65\u7d04\u50f9\u7684\u8cb7\u6b0a\u8207\u4e00\u500b\u8f03\u4f4e\u5c65\u7d04\u50f9\u7684\u8ce3\u6b0a\uff0c\u8ced\u532f\u50f9\u4e0d\u6703\u5927\u5e45\u6ce2\u52d5\uff09\u3002\n\n<h3>\u76f8\u5c0d\u50f9\u503c\uff1a\u5c0d\u6fb3\u5e63<\/h3>\n\u76f8\u8f03\u4e4b\u4e0b\uff0c\u7d10\u897f\u862d\u5143\u514c\u6fb3\u5e63\u770b\u8d77\u4f86\u66f4\u5f37\u3002\u7d10\u897f\u862d\u5169\u5e74\u671f\u300c\u5229\u7387\u4ea4\u63db\u300d\u5229\u7387\uff08two-year swap rates\uff0c\u6307\u5169\u5e74\u671f\u7684\u5229\u7387\u4e92\u63db\u5e02\u5834\u5229\u7387\uff0c\u5e38\u7528\u4f86\u4ee3\u8868\u5e02\u5834\u5c0d\u672a\u4f86\u5229\u7387\u7684\u770b\u6cd5\uff09\u4e0a\u5347\u5e45\u5ea6\u8d85\u904e\u6fb3\u6d32\uff0c\u4f7f\u300c\u6536\u76ca\u5dee\u300d\uff08yield differential\uff0c\u6307\u5169\u570b\u5229\u7387\/\u6b96\u5229\u7387\u5dee\u8ddd\uff09\u64f4\u5927\uff0c\u5c0d\u7d10\u897f\u862d\u66f4\u6709\u5229\u3002\u9019\u4f7f\u5f97\u505a\u591a NZD\/AUD \u6210\u70ba\u4e00\u7a2e\u5438\u5f15\u4eba\u7684\u300c\u914d\u5c0d\u4ea4\u6613\u300d\uff08pair trade\uff0c\u6307\u540c\u6642\u505a\u591a\u4e00\u500b\u3001\u505a\u7a7a\u6216\u76f8\u5c0d\u64cd\u4f5c\u53e6\u4e00\u500b\uff0c\u4ee5\u964d\u4f4e\u6574\u9ad4\u5e02\u5834\u98a8\u96aa\u3001\u5c08\u6ce8\u65bc\u5169\u8005\u5dee\u7570\uff09\uff0c\u53ef\u7528\u9060\u671f\u5408\u7d04\uff08forward contracts\uff0c\u6307\u5728\u672a\u4f86\u67d0\u65e5\u671f\u4ee5\u7d04\u5b9a\u50f9\u683c\u8cb7\u8ce3\u532f\u7387\u7684\u5408\u7d04\uff09\u4f86\u64cd\u4f5c\uff0c\u4ee5\u66f4\u805a\u7126\u7d10\u897f\u862d\u76f8\u5c0d\u5229\u7387\u512a\u52e2\u3002\n<p>\n\n<p><strong>\u7acb\u5373\u958b\u59cb\u4ea4\u6613 &#8211; \u9ede\u64ca<a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">\u9019\u88e1<\/a>\u5275\u5efa\u60a8\u7684 VT Markets \u771f\u5be6\u8cec\u6236 <\/strong> <\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>\u7d10\u5e63\u63a5\u4e0b\u4f86\u9084\u6703\u8dcc\uff1f\u532f\u8c50\u4f30NZD\/USD\u7e8c\u627f\u58d3\uff1a\u7f8e\u6578\u64da\u5f37\u6490\u7f8e\u5143\uff0cRBNZ 4\/8\u6599\u6309\u5175\u4e0d\u52d5\u4e14\u5347\u606f\u9810\u671f\u5df2\u53cd\u6620\uff1b\u53ef\u5e03\u5c40\u6703\u5f8c\u8ce3\u6b0a\uff0cNZD\/AUD\u5247\u504f\u5f37\u3002<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-43515","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/43515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/comments?post=43515"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/43515\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media?parent=43515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/categories?post=43515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/tags?post=43515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}