{"id":45453,"date":"2026-04-24T00:54:22","date_gmt":"2026-04-24T00:54:22","guid":{"rendered":"https:\/\/www.vtmarketsmy.com\/cn\/uncategorized\/%e7%ba%bd%e7%ba%a6%e6%a2%85%e9%9a%86%e9%93%b6%e8%a1%8c%ef%bc%88bny%ef%bc%89geoff-yu%e7%a7%b0%ef%bc%9a%e6%8b%89%e7%be%8e%e8%b4%a7%e5%b8%81%e9%a2%86%e8%b7%91%e6%96%b0%e5%85%b4%e5%b8%82%e5%9c%ba%ef%bc%8c\/"},"modified":"2026-04-24T00:54:22","modified_gmt":"2026-04-24T00:54:22","slug":"%e7%ba%bd%e7%ba%a6%e6%a2%85%e9%9a%86%e9%93%b6%e8%a1%8c%ef%bc%88bny%ef%bc%89geoff-yu%e7%a7%b0%ef%bc%9a%e6%8b%89%e7%be%8e%e8%b4%a7%e5%b8%81%e9%a2%86%e8%b7%91%e6%96%b0%e5%85%b4%e5%b8%82%e5%9c%ba%ef%bc%8c","status":"publish","type":"post","link":"https:\/\/www.vtmarketsmy.com\/cn\/live-updates\/%e7%ba%bd%e7%ba%a6%e6%a2%85%e9%9a%86%e9%93%b6%e8%a1%8c%ef%bc%88bny%ef%bc%89geoff-yu%e7%a7%b0%ef%bc%9a%e6%8b%89%e7%be%8e%e8%b4%a7%e5%b8%81%e9%a2%86%e8%b7%91%e6%96%b0%e5%85%b4%e5%b8%82%e5%9c%ba%ef%bc%8c\/","title":{"rendered":"\u7ebd\u7ea6\u6885\u9686\u94f6\u884c\uff08BNY\uff09Geoff Yu\u79f0\uff1a\u62c9\u7f8e\u8d27\u5e01\u9886\u8dd1\u65b0\u5174\u5e02\u573a\uff0c\u6301\u4ed3\u7a33\u5065\u3001\u6297\u51b2\u7a81\u97e7\u6027\u5f3a\uff0c\u5229\u7387\u5177\u5438\u5f15\u529b"},"content":{"rendered":"

\u8fc7\u53bb\u4e00\u4e2a\u5b63\u5ea6\uff0c\u62c9\u4e01\u7f8e\u6d32\u8d27\u5e01\u662f\u65b0\u5174\u5e02\u573a\u5916\u6c47\uff08EM FX\uff0c\u6307\u53d1\u5c55\u4e2d\u5e02\u573a\u56fd\u5bb6\u7684\u8d27\u5e01\uff09\u8868\u73b0\u6700\u5f3a\u7684\u677f\u5757\uff0c\u51b2\u7a81\u671f\u95f4\u76f8\u5173\u6301\u4ed3\uff08\u6301\u4ed3\uff1a\u6295\u8d44\u8005\u6301\u6709\u7684\u4ed3\u4f4d\u89c4\u6a21\uff09\u4e5f\u4fdd\u6301\u7a33\u5065\u3002\u5176\u80cc\u540e\u652f\u6491\u6765\u81ea\u6709\u5438\u5f15\u529b\u7684\u540d\u4e49\u5229\u7387\uff08\u540d\u4e49\u5229\u7387\uff1a\u672a\u6263\u9664\u901a\u80c0\u7684\u5229\u7387\uff09\u4e0e\u5b9e\u9645\u5229\u7387\uff08\u5b9e\u9645\u5229\u7387\uff1a\u6263\u9664\u901a\u80c0\u540e\u7684\u5229\u7387\uff09\u3002<\/p>\n

\u5e02\u573a\u98ce\u9669\u60c5\u7eea\uff08\u98ce\u9669\u60c5\u7eea\uff1a\u6295\u8d44\u8005\u613f\u4e0d\u613f\u610f\u4e70\u9ad8\u98ce\u9669\u8d44\u4ea7\u7684\u610f\u613f\uff09\u6709\u6240\u6539\u5584\u4f46\u4ecd\u504f\u8c28\u614e\uff0c\u65b0\u5174\u5e02\u573a\u5916\u6c47\u6301\u4ed3\u5f00\u59cb\u9010\u6b65\u56de\u5347\uff0c\u4e0d\u8fc7\u5404\u5730\u533a\u8868\u73b0\u5206\u5316\u660e\u663e\u3002<\/p>\n

\u7f8e\u5143\u5bf9\u51b2\u538b\u529b\u56de\u5f52<\/h3>\n

1\u6708\u4e0e2\u6708\uff0c\u7f8e\u5143\u53d7\u5230\u8de8\u5883\u5bf9\u51b2\u9700\u6c42\uff08\u5bf9\u51b2\uff1a\u7528\u4ea4\u6613\u964d\u4f4e\u6c47\u7387\u6ce2\u52a8\u98ce\u9669\uff09\u7684\u538b\u529b\uff1b\u505c\u706b\u540e\uff0c\u8fd9\u79cd\u538b\u529b\u518d\u5ea6\u51fa\u73b0\u3002\u8fc7\u53bb\u4e00\u4e2a\u5b63\u5ea6\uff0c\u62c9\u4e01\u7f8e\u6d32\u662f\u8d44\u91d1\u4e70\u5165\u6700\u591a\u7684\u5730\u533a\u3002<\/p>\n

\u62c9\u7f8e\u8d27\u5e01\u4f9d\u7136\u662f\u6301\u4ed3\u6700\u7a33\u7684\u677f\u5757\uff0c\u51b2\u7a81\u671f\u95f4\u6ca1\u6709\u4efb\u4f55\u4e00\u53ea\u8dcc\u5165\u201c\u4f4e\u914d\u201d\uff08underheld\uff0c\u6307\u5e02\u573a\u6301\u4ed3\u4f4e\u4e8e\u5e38\u6001\uff09\u7684\u533a\u95f4\u3002\u82e5\u505c\u706b\u5ef6\u7eed\u3001\u98ce\u9669\u504f\u597d\u8fdb\u4e00\u6b65\u56de\u5347\uff0c\u5176\u4ed6\u98ce\u9669\u8d44\u4ea7\u7684\u6301\u4ed3\u53ef\u80fd\u4fee\u590d\uff0c\u4ece\u800c\u9650\u5236\u62c9\u7f8e\u5916\u6c47\u7ee7\u7eed\u4e0a\u6da8\u7684\u7a7a\u95f4\u3002<\/p>\n

\u5373\u4fbf\u51fa\u73b0\u65e9\u671f\u8f6e\u52a8\uff08\u8f6e\u52a8\uff1a\u8d44\u91d1\u4ece\u4e00\u4e2a\u5e02\u573a\/\u8d44\u4ea7\u8f6c\u5411\u53e6\u4e00\u4e2a\uff09\uff0c\u4e5f\u672a\u5fc5\u4f1a\u524a\u5f31\u201c\u5229\u5dee\u4ea4\u6613\u201d\uff08carry trade\uff1a\u501f\u4f4e\u5229\u7387\u8d27\u5e01\u3001\u4e70\u9ad8\u5229\u7387\u8d27\u5e01\u8d5a\u53d6\u5229\u5dee\uff09\u3002\u8981\u8ba9\u5229\u5dee\u660e\u663e\u8f6c\u5f31\uff0c\u901a\u5e38\u9700\u8981\u51fa\u73b0\u5927\u89c4\u6a21\u629b\u552e\u62c9\u7f8e\u8d27\u5e01\u3002\u968f\u7740\u4f30\u503c\uff08\u4f30\u503c\uff1a\u4ef7\u683c\u76f8\u5bf9\u57fa\u672c\u9762\/\u5386\u53f2\u6c34\u5e73\u7684\u9ad8\u4f4e\uff09\u6539\u5584\uff0c\u4e9a\u592a\u4e0eEMEA\uff08\u6b27\u6d32\u3001\u4e2d\u4e1c\u4e0e\u975e\u6d32\uff09\u8d44\u4ea7\u53ef\u80fd\u66f4\u5177\u5438\u5f15\u529b\uff1b\u540c\u65f6\uff0c\u7f8e\u5143\u878d\u8d44\u6210\u672c\uff08\u878d\u8d44\u6210\u672c\uff1a\u501f\u5165\u7f8e\u5143\u7684\u5229\u606f\u4e0e\u76f8\u5173\u6210\u672c\uff09\u9010\u6b65\u4e0b\u964d\uff0c\u4e5f\u53ef\u80fd\u5f3a\u5316\u8f6e\u52a8\u3002<\/p>\n

\u6211\u4eec\u89c2\u5bdf\u5230\u62c9\u7f8e\u8d27\u5e01\u6210\u4e3a\u6700\u5f3a\u8868\u73b0\u8005\uff0c\u6838\u5fc3\u539f\u56e0\u662f\u9ad8\u5229\u7387\u5438\u5f15\u5927\u91cf\u8d44\u91d1\u3002\u56de\u770b2025\u5e74\uff0c\u58a8\u897f\u54e5\u6bd4\u7d22\u7b49\u8d27\u5e01\u5728\u51b2\u7a81\u671f\u95f4\u76f8\u5bf9\u7a33\u5b9a\uff0c\u88ab\u89c6\u4e3a\u201c\u907f\u98ce\u6e2f\u201d\uff08\u907f\u98ce\u6e2f\uff1a\u5e02\u573a\u52a8\u8361\u65f6\u76f8\u5bf9\u6297\u8dcc\u7684\u8d44\u4ea7\uff09\uff0c\u4f46\u8fd9\u7c7b\u4ea4\u6613\u5982\u4eca\u5df2\u975e\u5e38\u62e5\u6324\uff08\u62e5\u6324\u4ea4\u6613\uff1a\u592a\u591a\u4eba\u6301\u6709\u540c\u4e00\u65b9\u5411\u4ed3\u4f4d\uff0c\u5bb9\u6613\u5728\u53cd\u8f6c\u65f6\u96c6\u4f53\u8e29\u8e0f\uff09\u3002\u56fd\u9645\u91d1\u878d\u534f\u4f1a\uff08IIF\uff09\u6570\u636e\u4e5f\u5370\u8bc1\u8fd9\u4e00\u70b9\uff1a2026\u5e743\u6708\u6d41\u5165\u8be5\u5730\u533a\u7684\u6295\u8d44\u7ec4\u5408\u8d44\u91d1\uff08\u7ec4\u5408\u8d44\u91d1\u6d41\uff1a\u8de8\u5883\u4e70\u5356\u80a1\u7968\u3001\u503a\u5238\u7b49\u8bc1\u5238\u7684\u8d44\u91d1\uff09\u5347\u81f3\u4e09\u5e74\u6765\u9ad8\u4f4d\u3002<\/p>\n

\u671f\u6743\u4e0e\u8f6e\u52a8\u673a\u4f1a<\/h3>\n

\u5728\u505c\u706b\u7ef4\u6301\u3001\u5168\u7403\u98ce\u9669\u504f\u597d\u7f13\u6162\u4fee\u590d\u7684\u80cc\u666f\u4e0b\uff0c\u6211\u4eec\u5bf9\u62c9\u7f8e\u5916\u6c47\u8fdb\u4e00\u6b65\u4e0a\u6da8\u5e94\u4fdd\u6301\u8c28\u614e\u3002\u8d44\u91d1\u53ef\u80fd\u8f6c\u5411\u66f4\u5177\u6027\u4ef7\u6bd4\u7684\u5e02\u573a\uff0c\u8f6e\u52a8\u5230\u51b2\u7a81\u671f\u95f4\u88ab\u5ffd\u89c6\u7684\u4e9a\u6d32\u4e0e\u6b27\u6d32\u8d44\u4ea7\u3002\u4f8b\u5982\uff0c\u6ce2\u5170\u5179\u7f57\u63d0\u4e0e\u5308\u7259\u5229\u798f\u6797\u660e\u663e\u843d\u540e\uff0c\u4f46\u968f\u77402025\u5e74\u6b27\u6d32\u80fd\u6e90\u5b89\u5168\u62c5\u5fe7\uff08\u80fd\u6e90\u5b89\u5168\u62c5\u5fe7\uff1a\u5bf9\u80fd\u6e90\u4f9b\u5e94\u4e2d\u65ad\u4e0e\u4ef7\u683c\u98d9\u5347\u7684\u62c5\u5fc3\uff09\u7f13\u89e3\uff0c\u8fd9\u4e9b\u8d27\u5e01\u5df2\u51fa\u73b0\u4f01\u7a33\u8ff9\u8c61\u3002<\/p>\n

\u8fd9\u610f\u5473\u7740\uff0c\u53ef\u4ee5\u8003\u8651\u7528\u671f\u6743\uff08\u671f\u6743\uff1a\u5728\u672a\u6765\u6309\u7ea6\u5b9a\u4ef7\u683c\u4e70\u5356\u7684\u6743\u5229\uff0c\u7528\u4e8e\u5bf9\u51b2\u6216\u6295\u673a\uff09\u4e3a\u62c9\u7f8e\u591a\u5934\u4ed3\u4f4d\u505a\u4fdd\u62a4\u3002\u505a\u6cd5\u5305\u62ec\uff1a\u4e70\u5165\u5df4\u897f\u96f7\u4e9a\u5c14\uff08BRL\uff09\u7684\u770b\u8dcc\u671f\u6743\uff08put\uff1a\u4ef7\u683c\u4e0b\u8dcc\u65f6\u83b7\u5229\/\u5bf9\u51b2\u4e0b\u8dcc\uff09\uff0c\u6216\u5356\u51fa\u58a8\u897f\u54e5\u6bd4\u7d22\uff08MXN\uff09\u7684\u865a\u503c\u770b\u6da8\u671f\u6743\uff08out-of-the-money call\uff1a\u884c\u6743\u4ef7\u9ad8\u4e8e\u73b0\u4ef7\u7684\u770b\u6da8\u671f\u6743\uff1b\u5356\u51fa\u53ef\u6536\u53d6\u6743\u5229\u91d1\uff0c\u4f46\u4e0a\u6da8\u8fc7\u591a\u4f1a\u53d7\u635f\uff09\uff0c\u4ee5\u5728\u56de\u8c03\u65f6\u964d\u4f4e\u635f\u5931\uff0c\u6216\u5728\u6a2a\u76d8\u65f6\u8d5a\u53d6\u6743\u5229\u91d1\uff08\u671f\u6743\u8d39\uff09\u3002\u8fd9\u4e9b\u8d27\u5e01\u5bf9\u7684\u9690\u542b\u6ce2\u52a8\u7387\uff08\u9690\u542b\u6ce2\u52a8\u7387\uff1a\u671f\u6743\u4ef7\u683c\u53cd\u63a8\u7684\u5e02\u573a\u9884\u671f\u6ce2\u52a8\uff09\u81ea\u505c\u706b\u540e\u5df2\u56de\u843d\uff0c\u4f46\u4ecd\u9ad8\u4e8e2025\u5e74\u524d\u7684\u5386\u53f2\u6c34\u5e73\uff0c\u5bf9\u5356\u65b9\u800c\u8a00\u6743\u5229\u91d1\u6c34\u5e73\u4ecd\u6709\u5438\u5f15\u529b\u3002<\/p>\n

\u4e0e\u6b64\u540c\u65f6\uff0c\u4e9a\u592a\u5730\u533a\u4e00\u4e9b\u88ab\u4f4e\u4f30\u8d27\u5e01\u4e5f\u51fa\u73b0\u673a\u4f1a\uff0c\u6709\u671b\u53d7\u76ca\u4e8e\u8fd9\u8f6e\u8d44\u91d1\u8f6e\u52a8\u3002\u97e9\u5143\u662f\u91cd\u70b9\u6807\u7684\uff1a\u5c3d\u7ba12026\u5e74\u7b2c\u4e00\u5b63\u5ea6\u51fa\u53e3\u6570\u636e\u663e\u793a\u5f3a\u52b2\u590d\u82cf\uff0c\u4f46\u97e9\u5143\u4ecd\u6bd42025\u5e74\u521d\u51b2\u7a81\u524d\u7684\u5e73\u5747\u6c34\u5e73\u4f4e\u8fd18%\u3002\u4e70\u5165\u97e9\u5143\u770b\u6da8\u671f\u6743\uff08call\uff1a\u4ef7\u683c\u4e0a\u6da8\u65f6\u83b7\u5229\/\u7528\u4e8e\u5e03\u5c40\u4e0a\u6da8\uff09\u53ef\u7528\u8f83\u4f4e\u6210\u672c\u62bc\u6ce8\u672a\u6765\u51e0\u4e2a\u6708\u7684\u8865\u6da8\u884c\u60c5\u3002<\/p>\n

\u8fd9\u8f6e\u8f6e\u52a8\u8fd8\u53ef\u80fd\u52a0\u901f\uff0c\u56e0\u4e3a\u501f\u5165\u7f8e\u5143\u7684\u6210\u672c\u6b63\u5728\u4e0b\u964d\u3002\u7f8e\u8054\u50a8\u4e0a\u6708\u53d1\u8868\u504f\u9e3d\u6d3e\uff08\u9e3d\u6d3e\uff1a\u503e\u5411\u964d\u606f\u6216\u5bbd\u677e\uff09\u7684\u8868\u6001\u540e\uff0c\u5173\u952e\u878d\u8d44\u6307\u6807\u663e\u793a\u501f\u6b3e\u6210\u672c\u964d\u81f32025\u5e74\u5e95\u4ee5\u6765\u6700\u4f4e\u6c34\u5e73\u3002\u8fd9\u8ba9\u6295\u8d44\u8005\u66f4\u5bb9\u6613\u7528\u7f8e\u5143\u8d44\u91d1\u53bb\u5e03\u5c40\u6536\u76ca\u66f4\u9ad8\u6216\u88ab\u4f4e\u4f30\u7684EMEA\u4e0eAPAC\uff08\u4e9a\u592a\uff09\u8d27\u5e01\uff0c\u4e5f\u4f1a\u5bf9\u62c9\u7f8e\u8fd9\u7c7b\u201c\u62e5\u6324\u4ed3\u4f4d\u201d\u5f62\u6210\u538b\u529b\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u62c9\u7f8e\u8d27\u5e01\u9760\u9ad8\u540d\u4e49\/\u5b9e\u9645\u5229\u7387\u9886\u8dd1EM FX\uff0c\u4f46\u4ed3\u4f4d\u5df2\u62e5\u6324\u3001\u4e0a\u884c\u6216\u53d7\u9650\u3002\u7f8e\u5143\u5bf9\u51b2\u4e0e\u878d\u8d44\u6210\u672c\u56de\u843d\uff0c\u8f6e\u52a8\u6216\u8f6c\u5411\u4e9a\u592a\/EMEA\uff1b\u7528\u671f\u6743\u62a4\u76d8\u5e76\u5e03\u5c40\u97e9\u5143\u53cd\u5f39\u3002<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[129],"tags":[],"class_list":["post-45453","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/45453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/comments?post=45453"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/45453\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media?parent=45453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/categories?post=45453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/tags?post=45453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}