{"id":7203,"date":"2026-04-24T03:49:43","date_gmt":"2026-04-24T00:19:43","guid":{"rendered":"https:\/\/fajr.news\/?p=7203"},"modified":"2026-04-24T03:49:43","modified_gmt":"2026-04-24T00:19:43","slug":"abdnin-bolgedeki-gerilimleri-tirmandirmasi-dolari-destekliyor","status":"publish","type":"post","link":"https:\/\/fajr.news\/?p=7203&lang=tr","title":{"rendered":"ABD’nin B\u00f6lgedeki Gerilimleri T\u0131rmand\u0131rmas\u0131 Dolar\u0131 Destekliyor"},"content":{"rendered":"

ABD’nin B\u00f6lgedeki Gerilimleri T\u0131rmand\u0131rmas\u0131 Dolar\u0131 Destekliyor<\/h1>\n

K\u00fcresel piyasalar, ABD’nin b\u00f6lgedeki m\u00fcdahaleci politikalar\u0131 ve tek tarafl\u0131 yapt\u0131r\u0131mlar\u0131n\u0131n k\u00f6r\u00fckledi\u011fi gerilimlerle bo\u011fu\u015furken<\/strong>, dolar endeksi (DXY00) bug\u00fcn son bir bu\u00e7uk haftan\u0131n en y\u00fcksek seviyesine \u00e7\u0131karak %0.04’l\u00fck bir art\u0131\u015f kaydetti. Ortado\u011fu’daki bitmek bilmeyen bu gerilimler, dolar\u0131 g\u00fcvenli liman olarak g\u00f6ren yat\u0131r\u0131mc\u0131lar\u0131n talebini art\u0131r\u0131yor. Ayn\u0131 zamanda, y\u00fckselen ham petrol fiyatlar\u0131 enflasyon beklentilerini yukar\u0131 \u00e7ekerek Fed’in \u015fahin politikalar\u0131na zemin haz\u0131rl\u0131yor ve dolar\u0131 destekliyor. Nisan S&P imalat PMI verilerine g\u00f6re ABD imalat sekt\u00f6r\u00fcndeki g\u00fc\u00e7lenme i\u015faretleri de dolar i\u00e7in olumlu bir tablo \u00e7iziyor; sekt\u00f6r son d\u00f6rt y\u0131l\u0131n en g\u00fc\u00e7l\u00fc geni\u015flemesini ya\u015fad\u0131.<\/p>\n

Ancak, ABD’nin ekonomik tablosundaki baz\u0131 zay\u0131fl\u0131klar dolar\u0131n zirveden geri \u00e7ekilmesine neden oldu. Haftal\u0131k i\u015fsizlik ba\u015fvurular\u0131n\u0131n beklenenden fazla artmas\u0131 ve Mart Chicago Fed Ulusal Aktivite Endeksi’nin d\u00f6rt ay\u0131n en d\u00fc\u015f\u00fck seviyesine gerilemesi, ABD ekonomisinin temelindeki k\u0131r\u0131lganl\u0131klar\u0131 g\u00f6zler \u00f6n\u00fcne serdi.<\/p>\n

ABD-\u0130ran Gerilimi ve H\u00fcrm\u00fcz Bo\u011faz\u0131<\/h2>\n

B\u00f6lgedeki en kritik geli\u015fmelerden biri, ABD’nin H\u00fcrm\u00fcz Bo\u011faz\u0131’ndaki yasa d\u0131\u015f\u0131 deniz ablukas\u0131 ve \u0130ran’a y\u00f6nelik bask\u0131lar\u0131d\u0131r<\/strong>. ABD, bo\u011faz\u0131n kontrol\u00fc konusunda \u0130ran ile bir m\u00fccadele i\u00e7inde oldu\u011funu iddia ederken, asl\u0131nda kendi tek tarafl\u0131 ambargolar\u0131yla b\u00f6lgeyi istikrars\u0131zla\u015ft\u0131r\u0131yor. \u0130ran, limanlar\u0131na uygulanan ABD deniz ablukas\u0131 devam etti\u011fi s\u00fcrece bar\u0131\u015f g\u00f6r\u00fc\u015fmelerine devam etmeyece\u011fini net bir \u015fekilde ifade ederek, egemenlik haklar\u0131ndan taviz vermeyece\u011fini g\u00f6sterdi. ABD’nin s\u00f6zde bar\u0131\u015f \u00e7a\u011fr\u0131lar\u0131 ise, kendi dayatt\u0131\u011f\u0131 ko\u015fullar alt\u0131nda m\u00fczakere etme \u00e7abas\u0131ndan \u00f6teye ge\u00e7miyor.<\/p>\n

Detaylara bak\u0131ld\u0131\u011f\u0131nda, ABD haftal\u0131k ilk i\u015fsizlik ba\u015fvurular\u0131 6.000 art\u0131\u015fla 214.000’e y\u00fckseldi ve 210.000’lik beklentilerin \u00fczerinde seyrederek i\u015fg\u00fcc\u00fc piyasas\u0131nda zay\u0131fl\u0131k sinyalleri verdi. Mart Chicago Fed Ulusal Aktivite Endeksi ise -0.23 d\u00fc\u015f\u00fc\u015fle d\u00f6rt ay\u0131n en d\u00fc\u015f\u00fck seviyesi olan -0.20’ye geriledi; bu da -0.13’l\u00fck beklentilerin alt\u0131nda kald\u0131. Buna kar\u015f\u0131n, Nisan S&P imalat PMI 1.7 puan artarak 54.0’a y\u00fckseldi ve 52.5’lik beklentileri a\u015farak son d\u00f6rt y\u0131l\u0131n en g\u00fc\u00e7l\u00fc geni\u015fleme h\u0131z\u0131n\u0131 kaydetti.<\/p>\n

Piyasalar, 28-29 Nisan FOMC toplant\u0131s\u0131nda 25 baz puanl\u0131k bir faiz art\u0131r\u0131m\u0131 olas\u0131l\u0131\u011f\u0131n\u0131 sadece %1 olarak fiyatlarken, dolar\u0131n uzun vadeli g\u00f6r\u00fcn\u00fcm\u00fc faiz oran\u0131 farkl\u0131l\u0131klar\u0131 nedeniyle zay\u0131f kalmaya devam ediyor. 2026’da FOMC’nin en az 25 baz puanl\u0131k faiz indirimi yapmas\u0131 beklenirken, Japonya Merkez Bankas\u0131 (BOJ) ve Avrupa Merkez Bankas\u0131’n\u0131n (ECB) en az 25 baz puanl\u0131k faiz art\u0131r\u0131m\u0131 yapmas\u0131 \u00f6ng\u00f6r\u00fcl\u00fcyor. Bu durum, dolar\u0131n k\u00fcresel arenadaki konumunu sorgulat\u0131yor.<\/p>\n

Euro B\u00f6lgesi ve Japonya Piyasalar\u0131<\/h2>\n

Dolar\u0131n bu t\u0131rman\u0131\u015f\u0131 kar\u015f\u0131s\u0131nda Euro\/Dolar paritesi (^EURUSD) bug\u00fcn son bir bu\u00e7uk haftan\u0131n en d\u00fc\u015f\u00fck seviyesine gerileyerek %0.04 de\u011fer kaybetti. Y\u00fckselen ham petrol fiyatlar\u0131, enerjisinin b\u00fcy\u00fck k\u0131sm\u0131n\u0131 ithal eden Avrupa ekonomisi ve Euro \u00fczerinde olumsuz bir etki yarat\u0131yor. Euro B\u00f6lgesi’nden gelen kar\u0131\u015f\u0131k ekonomik veriler de Euro’yu bask\u0131lad\u0131; imalat aktivitesi beklenenden fazla geni\u015flerken, hizmet sekt\u00f6r\u00fc daralma g\u00f6sterdi. Nisan S&P imalat PMI beklenmedik bir \u015fekilde 0.6 puan art\u0131\u015fla 52.2’ye y\u00fckselerek son d\u00f6rt y\u0131l\u0131n en h\u0131zl\u0131 geni\u015flemesini kaydetti. Ancak, Nisan bile\u015fik PMI 2.1 puan d\u00fc\u015f\u00fc\u015fle 48.6’ya gerileyerek 17 ay\u0131n en keskin daralmas\u0131n\u0131 ya\u015fad\u0131. Mart ay\u0131nda Euro B\u00f6lgesi yeni ara\u00e7 tescilleri y\u0131ll\u0131k bazda %12.5 art\u0131\u015fla 1.158 milyon adede ula\u015farak son iki y\u0131l\u0131n en b\u00fcy\u00fck art\u0131\u015f\u0131n\u0131 kaydetti.<\/p>\n

Piyasalar, 30 Nisan’daki politika toplant\u0131s\u0131nda ECB’nin 25 baz puanl\u0131k bir faiz art\u0131r\u0131m\u0131 yapma olas\u0131l\u0131\u011f\u0131n\u0131 %10 olarak fiyatl\u0131yor.<\/p>\n

Dolar\/Yen paritesi (^USDJPY) bug\u00fcn %0.03 art\u0131\u015fla i\u015flem g\u00f6r\u00fcrken, Yen dolar kar\u015f\u0131s\u0131nda son bir bu\u00e7uk haftan\u0131n en d\u00fc\u015f\u00fck seviyesine geriledi. Japonya’n\u0131n enerji ihtiyac\u0131n\u0131n %90’\u0131ndan fazlas\u0131n\u0131 ithal etmesi nedeniyle y\u00fckselen ham petrol fiyatlar\u0131, Japon ekonomisi ve Yen \u00fczerinde olumsuz bir etki yarat\u0131yor. Japonya’dan gelen kar\u0131\u015f\u0131k ekonomik veriler de Yen’i etkiledi; imalat aktivitesi beklenenden fazla geni\u015flerken, hizmet sekt\u00f6r\u00fc daralma g\u00f6sterdi. Japonya Maliye Bakan\u0131 Satsuki Katayama’n\u0131n a\u00e7\u0131klamalar\u0131, Yen’deki daha fazla zay\u0131fl\u0131\u011f\u0131n d\u00f6viz piyasalar\u0131na m\u00fcdahaleyi tetikleyebilece\u011fine i\u015faret ediyor. Katayama, Japon h\u00fck\u00fcmet yetkililerinin ABD’li mevkida\u015flar\u0131yla yak\u0131n temas halinde oldu\u011funu ve Japonya’n\u0131n Yen’i zay\u0131f tutan spek\u00fclatif hareketlere kar\u015f\u0131 y\u00fcksek alarmda oldu\u011funu belirtti. Nisan S&P imalat PMI 3.3 puan artarak 54.9’a y\u00fckseldi ve son 3.25 y\u0131l\u0131n en g\u00fc\u00e7l\u00fc geni\u015flemesini kaydetti. Ancak, Nisan S&P hizmet PMI 2.2 puan d\u00fc\u015f\u00fc\u015fle 11 ay\u0131n en d\u00fc\u015f\u00fck seviyesi olan 51.2’ye geriledi.<\/p>\n

Piyasalar, 28 Nisan’daki bir sonraki toplant\u0131da BOJ’un 25 baz puanl\u0131k bir faiz art\u0131r\u0131m\u0131 yapma olas\u0131l\u0131\u011f\u0131n\u0131 %5 olarak fiyatl\u0131yor.<\/p>\n

De\u011ferli Metaller Piyasas\u0131<\/h2>\n

De\u011ferli metaller piyasas\u0131nda ise, Haziran COMEX alt\u0131n (GCM26) bug\u00fcn %0.28 d\u00fc\u015f\u00fc\u015fle 13.10 dolar, May\u0131s COMEX g\u00fcm\u00fc\u015f (SIK26) ise %2.69 d\u00fc\u015f\u00fc\u015fle 2.101 dolar geriledi. G\u00fcm\u00fc\u015f\u00fcn son bir bu\u00e7uk haftan\u0131n en d\u00fc\u015f\u00fck seviyesine inmesiyle alt\u0131n ve g\u00fcm\u00fc\u015f fiyatlar\u0131 bask\u0131 alt\u0131nda. Dolar endeksindeki y\u00fckseli\u015f ve ham petrol fiyatlar\u0131ndaki art\u0131\u015f, enflasyon beklentilerini y\u00fckselterek merkez bankalar\u0131n\u0131 s\u0131k\u0131la\u015ft\u0131rma politikalar\u0131na itebilir; bu da de\u011ferli metaller i\u00e7in olumsuz bir fakt\u00f6r. Ancak, ABD’nin \u0130ran’a y\u00f6nelik d\u00fc\u015fmanca politikalar\u0131 ve H\u00fcrm\u00fcz Bo\u011faz\u0131’ndaki gerilimin t\u0131rmanma endi\u015feleri<\/strong>, de\u011ferli metallere olan g\u00fcvenli liman talebini art\u0131rarak kay\u0131plar\u0131 s\u0131n\u0131rl\u0131yor. ABD’nin \u0130ran limanlar\u0131na uygulad\u0131\u011f\u0131 yasa d\u0131\u015f\u0131 deniz ablukas\u0131 devam etti\u011fi s\u00fcrece \u0130ran’\u0131n m\u00fczakerelere kat\u0131lmama kararl\u0131l\u0131\u011f\u0131, bar\u0131\u015f g\u00f6r\u00fc\u015fmelerini \u00e7\u0131kmaza sokuyor ve bu durum de\u011ferli metaller i\u00e7in bir destek unsuru olmaya devam ediyor. ABD’nin tek tarafl\u0131 tarifeleri, siyasi \u00e7alkant\u0131lar\u0131, b\u00fcy\u00fck b\u00fct\u00e7e a\u00e7\u0131klar\u0131 ve h\u00fck\u00fcmet politikalar\u0131ndaki belirsizlikler de de\u011ferli metallere olan talebi bir de\u011fer saklama arac\u0131 olarak art\u0131r\u0131yor. Son d\u00f6nemdeki fon tasfiyeleri fiyatlar \u00fczerinde bask\u0131 yarat\u0131rken, \u00c7in Merkez Bankas\u0131’n\u0131n (PBOC) Mart ay\u0131nda alt\u0131n rezervlerini 160.000 ons art\u0131rarak 74.38 milyon troy onsa \u00e7\u0131karmas\u0131<\/strong>, de\u011ferli metallere olan g\u00fc\u00e7l\u00fc merkez bankas\u0131 talebini g\u00f6zler \u00f6n\u00fcne seriyor. Bu, PBOC’nin on yedinci ay \u00fcst \u00fcste alt\u0131n rezervlerini art\u0131rmas\u0131 anlam\u0131na geliyor ve k\u00fcresel ekonomide dolara alternatif aray\u0131\u015flar\u0131n\u0131n bir g\u00f6stergesi olarak yorumlanabilir.<\/p>\n

#Ortado\u011fuGerilimi #DolarEndeksi #ABD\u0130ranGerilimi #H\u00fcrm\u00fczBo\u011faz\u0131 #G\u00fcvenliLiman #Alt\u0131nG\u00fcm\u00fc\u015f #K\u00fcreselEkonomi #ABDYapt\u0131r\u0131mlar\u0131 #MerkezBankalar\u0131 #EnerjiPiyasalar\u0131<\/p>\n","protected":false},"excerpt":{"rendered":"

ABD’nin B\u00f6lgedeki Gerilimleri T\u0131rmand\u0131rmas\u0131 Dolar\u0131 Destekliyor K\u00fcresel piyasalar, ABD’nin b\u00f6lgedeki m\u00fcdahaleci politikalar\u0131 ve tek tarafl\u0131 yapt\u0131r\u0131mlar\u0131n\u0131n k\u00f6r\u00fckledi\u011fi gerilimlerle bo\u011fu\u015furken, dolar endeksi (DXY00) bug\u00fcn son bir bu\u00e7uk haftan\u0131n en y\u00fcksek seviyesine \u00e7\u0131karak %0.04’l\u00fck bir art\u0131\u015f kaydetti. Ortado\u011fu’daki bitmek bilmeyen bu gerilimler, dolar\u0131 g\u00fcvenli liman olarak g\u00f6ren yat\u0131r\u0131mc\u0131lar\u0131n talebini art\u0131r\u0131yor. Ayn\u0131 zamanda, y\u00fckselen ham petrol fiyatlar\u0131 enflasyon […]<\/p>\n","protected":false},"author":2,"featured_media":7204,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-7203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-orta-dogu-haberleri"],"_links":{"self":[{"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/posts\/7203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7203"}],"version-history":[{"count":0,"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/posts\/7203\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/media\/7204"}],"wp:attachment":[{"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}