{"id":47619,"date":"2025-01-31T22:07:11","date_gmt":"2025-01-31T14:07:11","guid":{"rendered":"http:\/\/test.swqi.tw\/?p=47619"},"modified":"2025-12-03T03:44:01","modified_gmt":"2025-12-02T19:44:01","slug":"bond-currency-relations","status":"publish","type":"post","link":"https:\/\/mister.forex\/vi\/bond-currency-relations\/","title":{"rendered":"Kh\u00e1m ph\u00e1 c\u00e1ch ch\u00eanh l\u1ec7ch l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng ngo\u1ea1i h\u1ed1i."},"content":{"rendered":"
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\t
\n

L\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn xu h\u01b0\u1edbng ti\u1ec1n t\u1ec7 nh\u01b0 th\u1ebf n\u00e0o<\/strong> <\/h2>\n\nTrong th\u1ecb tr\u01b0\u1eddng ngo\u1ea1i h\u1ed1i, l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu l\u00e0 m\u1ed9t trong nh\u1eefng ch\u1ec9 s\u1ed1 quan tr\u1ecdng \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn xu h\u01b0\u1edbng ti\u1ec1n t\u1ec7. S\u1ef1 bi\u1ebfn \u0111\u1ed9ng c\u1ee7a l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu c\u00f3 th\u1ec3 ph\u1ea3n \u00e1nh k\u1ef3 v\u1ecdng c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u1ec1 t\u00ecnh h\u00ecnh kinh t\u1ebf v\u00e0 tri\u1ec3n v\u1ecdng l\u00e3i su\u1ea5t c\u1ee7a m\u1ed9t qu\u1ed1c gia, t\u1eeb \u0111\u00f3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn gi\u00e1 tr\u1ecb c\u1ee7a \u0111\u1ed3ng ti\u1ec1n qu\u1ed1c gia \u0111\u00f3. B\u00e0i vi\u1ebft n\u00e0y s\u1ebd \u0111i s\u00e2u v\u00e0o vi\u1ec7c l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn xu h\u01b0\u1edbng ti\u1ec1n t\u1ec7 nh\u01b0 th\u1ebf n\u00e0o v\u00e0 gi\u1ea3i th\u00edch c\u00e1c c\u01a1 ch\u1ebf ch\u00ednh trong \u0111\u00f3.

\n\n

L\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu l\u00e0 g\u00ec?<\/strong> <\/h3>\n\nL\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu (Bond Yield) l\u00e0 t\u1ef7 l\u1ec7 ho\u00e0n v\u1ed1n m\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1eadn \u0111\u01b0\u1ee3c khi mua tr\u00e1i phi\u1ebfu. Gi\u00e1 tr\u00e1i phi\u1ebfu v\u00e0 l\u1ee3i su\u1ea5t c\u00f3 m\u1ed1i quan h\u1ec7 ngh\u1ecbch \u0111\u1ea3o: khi gi\u00e1 tr\u00e1i phi\u1ebfu t\u0103ng, l\u1ee3i su\u1ea5t gi\u1ea3m; v\u00e0 khi gi\u00e1 tr\u00e1i phi\u1ebfu gi\u1ea3m, l\u1ee3i su\u1ea5t t\u0103ng. Th\u00f4ng th\u01b0\u1eddng, l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng l\u00e0m ti\u00eau chu\u1ea9n \u0111o l\u01b0\u1eddng, v\u00ec tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 \u0111\u01b0\u1ee3c coi l\u00e0 m\u1ed9t trong nh\u1eefng c\u00f4ng c\u1ee5 \u0111\u1ea7u t\u01b0 an to\u00e0n nh\u1ea5t, c\u00f3 th\u1ec3 ph\u1ea3n \u00e1nh t\u00ecnh tr\u1ea1ng s\u1ee9c kh\u1ecfe kinh t\u1ebf t\u1ed5ng th\u1ec3 c\u1ee7a m\u1ed9t qu\u1ed1c gia.

\n\n\"\"\n\nV\u00ed d\u1ee5<\/strong>, l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 M\u1ef9 k\u1ef3 h\u1ea1n 10 n\u0103m l\u00e0 m\u1ed9t ch\u1ec9 s\u1ed1 quan tr\u1ecdng trong th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh to\u00e0n c\u1ea7u, nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1ebd d\u1ef1a v\u00e0o xu h\u01b0\u1edbng c\u1ee7a n\u00f3 \u0111\u1ec3 d\u1ef1 \u0111o\u00e1n xu h\u01b0\u1edbng c\u1ee7a \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9.

\n\n

M\u1ed1i li\u00ean h\u1ec7 gi\u1eefa l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu v\u00e0 xu h\u01b0\u1edbng ti\u1ec1n t\u1ec7<\/strong> <\/h3>\n\nL\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu v\u00e0 xu h\u01b0\u1edbng ti\u1ec1n t\u1ec7 th\u01b0\u1eddng c\u00f3 m\u1ed1i t\u01b0\u01a1ng quan t\u00edch c\u1ef1c. Khi l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu c\u1ee7a m\u1ed9t qu\u1ed1c gia t\u0103ng, \u0111i\u1ec1u n\u00e0y th\u01b0\u1eddng c\u00f3 ngh\u0129a l\u00e0 tri\u1ec3n v\u1ecdng kinh t\u1ebf c\u1ee7a qu\u1ed1c gia \u0111\u00f3 t\u1ed1t, c\u00f3 th\u1ec3 mang l\u1ea1i l\u1ee3i nhu\u1eadn \u0111\u1ea7u t\u01b0 cao h\u01a1n. Do \u0111\u00f3, \u0111\u1ed3ng ti\u1ec1n c\u1ee7a qu\u1ed1c gia \u0111\u00f3 th\u01b0\u1eddng s\u1ebd m\u1ea1nh l\u00ean. Ng\u01b0\u1ee3c l\u1ea1i, khi l\u1ee3i su\u1ea5t gi\u1ea3m, \u0111i\u1ec1u n\u00e0y c\u00f3 th\u1ec3 cho th\u1ea5y n\u1ec1n kinh t\u1ebf y\u1ebfu k\u00e9m ho\u1eb7c l\u1ea1m ph\u00e1t ch\u1eadm l\u1ea1i, t\u1eeb \u0111\u00f3 l\u00e0m gi\u1ea3m s\u1ee9c h\u1ea5p d\u1eabn c\u1ee7a \u0111\u1ed3ng ti\u1ec1n qu\u1ed1c gia \u0111\u00f3.

\n\n
    \n
  1. L\u1ee3i su\u1ea5t t\u0103ng:<\/strong> Khi l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu c\u1ee7a m\u1ed9t qu\u1ed1c gia t\u0103ng, \u0111i\u1ec1u n\u00e0y th\u01b0\u1eddng thu h\u00fat nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 trong v\u00e0 ngo\u00e0i n\u01b0\u1edbc mua tr\u00e1i phi\u1ebfu c\u1ee7a qu\u1ed1c gia \u0111\u00f3, v\u00ec c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 mong mu\u1ed1n nh\u1eadn \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn cao h\u01a1n. \u0110i\u1ec1u n\u00e0y s\u1ebd l\u00e0m t\u0103ng nhu c\u1ea7u \u0111\u1ed1i v\u1edbi \u0111\u1ed3ng ti\u1ec1n c\u1ee7a qu\u1ed1c gia \u0111\u00f3, khi\u1ebfn n\u00f3 t\u0103ng gi\u00e1. V\u00ed d\u1ee5, n\u1ebfu l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu c\u1ee7a M\u1ef9 t\u0103ng, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 mua nhi\u1ec1u t\u00e0i s\u1ea3n b\u1eb1ng \u0111\u00f4 la h\u01a1n, t\u1eeb \u0111\u00f3 \u0111\u1ea9y gi\u00e1 tr\u1ecb c\u1ee7a \u0111\u1ed3ng \u0111\u00f4 la l\u00ean.<\/li>\n
  2. L\u1ee3i su\u1ea5t gi\u1ea3m:<\/strong> Khi l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu gi\u1ea3m, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 t\u00ecm ki\u1ebfm c\u00e1c l\u1ef1a ch\u1ecdn \u0111\u1ea7u t\u01b0 kh\u00e1c c\u00f3 l\u1ee3i h\u01a1n, l\u00e0m gi\u1ea3m nhu c\u1ea7u \u0111\u1ed1i v\u1edbi tr\u00e1i phi\u1ebfu v\u00e0 \u0111\u1ed3ng ti\u1ec1n c\u1ee7a qu\u1ed1c gia \u0111\u00f3. \u0110i\u1ec1u n\u00e0y s\u1ebd d\u1eabn \u0111\u1ebfn s\u1ef1 gi\u1ea3m gi\u00e1 c\u1ee7a \u0111\u1ed3ng ti\u1ec1n qu\u1ed1c gia \u0111\u00f3. V\u00ed d\u1ee5, n\u1ebfu l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu khu v\u1ef1c \u0111\u1ed3ng euro gi\u1ea3m, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 gi\u1ea3m l\u01b0\u1ee3ng euro n\u1eafm gi\u1eef, d\u1eabn \u0111\u1ebfn s\u1ef1 y\u1ebfu \u0111i c\u1ee7a \u0111\u1ed3ng euro.<\/li>\n<\/ol>
    \n\n

    Ch\u00eanh l\u1ec7ch l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu v\u00e0 xu h\u01b0\u1edbng t\u1ef7 gi\u00e1<\/strong> <\/h3>\n\nNgo\u00e0i s\u1ef1 bi\u1ebfn \u0111\u1ed9ng c\u1ee7a l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu c\u1ee7a m\u1ed9t qu\u1ed1c gia, s\u1ef1 ch\u00eanh l\u1ec7ch l\u1ee3i su\u1ea5t gi\u1eefa hai qu\u1ed1c gia (Bond Yield Spread) c\u0169ng s\u1ebd \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn xu h\u01b0\u1edbng t\u1ef7 gi\u00e1 c\u1ee7a ch\u00fang. Ch\u00eanh l\u1ec7ch l\u1ee3i su\u1ea5t l\u00e0 th\u01b0\u1edbc \u0111o kho\u1ea3ng c\u00e1ch gi\u1eefa l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu c\u1ee7a hai qu\u1ed1c gia, th\u01b0\u1eddng s\u1eed d\u1ee5ng l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 k\u1ef3 h\u1ea1n 10 n\u0103m \u0111\u1ec3 so s\u00e1nh. S\u1ef1 kh\u00e1c bi\u1ec7t n\u00e0y c\u00f3 th\u1ec3 ph\u1ea3n \u00e1nh quan \u0111i\u1ec3m c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u1ec1 tri\u1ec3n v\u1ecdng kinh t\u1ebf v\u00e0 ch\u00ednh s\u00e1ch l\u00e3i su\u1ea5t c\u1ee7a hai qu\u1ed1c gia n\u00e0y.

    \n\nV\u00ed d\u1ee5, n\u1ebfu l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 M\u1ef9 k\u1ef3 h\u1ea1n 10 n\u0103m cao h\u01a1n l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 khu v\u1ef1c \u0111\u1ed3ng euro k\u1ef3 h\u1ea1n 10 n\u0103m, \u0111i\u1ec1u n\u00e0y cho th\u1ea5y c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 l\u1ea1c quan h\u01a1n v\u1ec1 n\u1ec1n kinh t\u1ebf M\u1ef9, c\u00f3 th\u1ec3 d\u1eabn \u0111\u1ebfn s\u1ef1 t\u0103ng gi\u00e1 c\u1ee7a t\u1ef7 gi\u00e1 \u0111\u00f4 la M\u1ef9 so v\u1edbi euro (EUR \/ USD), v\u00ec nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1ebd chuy\u1ec3n v\u1ed1n sang t\u00e0i s\u1ea3n b\u1eb1ng \u0111\u00f4 la.

    \n\n

    Ch\u00ednh s\u00e1ch l\u00e3i su\u1ea5t v\u00e0 s\u1ef1 li\u00ean k\u1ebft v\u1edbi l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu<\/strong> <\/h3>\n\nL\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu c\u00f3 m\u1ed1i li\u00ean h\u1ec7 ch\u1eb7t ch\u1ebd v\u1edbi ch\u00ednh s\u00e1ch l\u00e3i su\u1ea5t c\u1ee7a m\u1ed9t qu\u1ed1c gia. Ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng s\u1ebd \u0111i\u1ec1u ch\u1ec9nh l\u00e3i su\u1ea5t c\u01a1 b\u1ea3n d\u1ef1a tr\u00ean t\u00ecnh h\u00ecnh kinh t\u1ebf, v\u00e0 nh\u1eefng bi\u1ebfn \u0111\u1ed9ng n\u00e0y s\u1ebd \u1ea3nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn l\u1ee3i su\u1ea5t c\u1ee7a tr\u00e1i phi\u1ebfu ng\u1eafn h\u1ea1n v\u00e0 d\u00e0i h\u1ea1n. Khi th\u1ecb tr\u01b0\u1eddng k\u1ef3 v\u1ecdng ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng s\u1ebd t\u0103ng l\u00e3i su\u1ea5t, l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu th\u01b0\u1eddng s\u1ebd t\u0103ng, v\u00ec c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 mong mu\u1ed1n nh\u1eadn \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn cao h\u01a1n.

    \n\nV\u00ed d\u1ee5, n\u1ebfu C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang (Fed) d\u1ef1 ki\u1ebfn s\u1ebd t\u0103ng l\u00e3i su\u1ea5t, l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu c\u1ee7a M\u1ef9 c\u00f3 th\u1ec3 t\u0103ng tr\u01b0\u1edbc, \u0111i\u1ec1u n\u00e0y th\u01b0\u1eddng s\u1ebd th\u00fac \u0111\u1ea9y \u0111\u1ed3ng \u0111\u00f4 la m\u1ea1nh l\u00ean. T\u01b0\u01a1ng t\u1ef1, khi th\u1ecb tr\u01b0\u1eddng k\u1ef3 v\u1ecdng m\u1ed9t qu\u1ed1c gia s\u1ebd gi\u1ea3m l\u00e3i su\u1ea5t, l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu c\u1ee7a qu\u1ed1c gia \u0111\u00f3 c\u00f3 th\u1ec3 gi\u1ea3m, g\u00e2y \u00e1p l\u1ef1c l\u00ean \u0111\u1ed3ng ti\u1ec1n c\u1ee7a qu\u1ed1c gia \u0111\u00f3.

    \n\n\"\"\n\n

    C\u00e1c tr\u01b0\u1eddng h\u1ee3p th\u1ef1c t\u1ebf v\u1ec1 s\u1ef1 bi\u1ebfn \u0111\u1ed9ng c\u1ee7a l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu<\/strong> <\/h3>\n\nD\u01b0\u1edbi \u0111\u00e2y l\u00e0 m\u1ed9t s\u1ed1 tr\u01b0\u1eddng h\u1ee3p th\u1ef1c t\u1ebf, cho th\u1ea5y l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn xu h\u01b0\u1edbng ti\u1ec1n t\u1ec7 nh\u01b0 th\u1ebf n\u00e0o: 

    \n\n
      \n
    1. Chu k\u1ef3 t\u0103ng l\u00e3i su\u1ea5t c\u1ee7a M\u1ef9:<\/strong> Trong chu k\u1ef3 t\u0103ng l\u00e3i su\u1ea5t c\u1ee7a M\u1ef9, l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu c\u1ee7a M\u1ef9 th\u01b0\u1eddng s\u1ebd t\u0103ng, thu h\u00fat m\u1ed9t l\u01b0\u1ee3ng l\u1edbn nh\u00e0 \u0111\u1ea7u t\u01b0 mua t\u00e0i s\u1ea3n b\u1eb1ng \u0111\u00f4 la, \u0111i\u1ec1u n\u00e0y s\u1ebd \u0111\u1ea9y t\u1ef7 gi\u00e1 \u0111\u00f4 la l\u00ean. V\u00ed d\u1ee5, trong kho\u1ea3ng th\u1eddi gian t\u1eeb 2015 \u0111\u1ebfn 2018, C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang \u0111\u00e3 li\u00ean ti\u1ebfp t\u0103ng l\u00e3i su\u1ea5t, d\u1eabn \u0111\u1ebfn s\u1ef1 m\u1ea1nh l\u00ean c\u1ee7a \u0111\u1ed3ng \u0111\u00f4 la.<\/li>\n
    2. Kh\u1ee7ng ho\u1ea3ng n\u1ee3 khu v\u1ef1c \u0111\u1ed3ng euro:<\/strong> Trong giai \u0111o\u1ea1n kh\u1ee7ng ho\u1ea3ng n\u1ee3 khu v\u1ef1c \u0111\u1ed3ng euro t\u1eeb 2010 \u0111\u1ebfn 2012, l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu c\u1ee7a c\u00e1c qu\u1ed1c gia trong khu v\u1ef1c \u0111\u1ed3ng euro \u0111\u00e3 bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh. Khi l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu c\u1ee7a c\u00e1c qu\u1ed1c gia nh\u01b0 Hy L\u1ea1p t\u0103ng v\u1ecdt, ni\u1ec1m tin c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u00e0o khu v\u1ef1c \u0111\u1ed3ng euro gi\u1ea3m, d\u1eabn \u0111\u1ebfn s\u1ef1 gi\u1ea3m gi\u00e1 c\u1ee7a \u0111\u1ed3ng euro.<\/li>\n<\/ol>
      \n\n

      Chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 d\u1ef1a tr\u00ean l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu v\u00e0 xu h\u01b0\u1edbng ti\u1ec1n t\u1ec7<\/strong> <\/h3>\n\nHi\u1ec3u c\u00e1ch l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn xu h\u01b0\u1edbng ti\u1ec1n t\u1ec7 l\u00e0 r\u1ea5t quan tr\u1ecdng \u0111\u1ed1i v\u1edbi c\u00e1c nh\u00e0 giao d\u1ecbch ngo\u1ea1i h\u1ed1i. D\u01b0\u1edbi \u0111\u00e2y l\u00e0 m\u1ed9t s\u1ed1 g\u1ee3i \u00fd chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 th\u1ef1c t\u1ebf: 

      \n\n
        \n
      1. Ch\u00fa \u00fd \u0111\u1ebfn k\u1ef3 v\u1ecdng l\u00e3i su\u1ea5t:<\/strong> Lu\u00f4n theo d\u00f5i k\u1ef3 v\u1ecdng c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u1ec1 ch\u00ednh s\u00e1ch l\u00e3i su\u1ea5t c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng, v\u00ec \u0111i\u1ec1u n\u00e0y s\u1ebd \u1ea3nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn s\u1ef1 bi\u1ebfn \u0111\u1ed9ng c\u1ee7a l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu. V\u00ed d\u1ee5, n\u1ebfu th\u1ecb tr\u01b0\u1eddng k\u1ef3 v\u1ecdng m\u1ed9t qu\u1ed1c gia s\u1eafp t\u0103ng l\u00e3i su\u1ea5t, c\u00f3 th\u1ec3 d\u1ef1 \u0111o\u00e1n r\u1eb1ng \u0111\u1ed3ng ti\u1ec1n c\u1ee7a qu\u1ed1c gia \u0111\u00f3 c\u00f3 th\u1ec3 m\u1ea1nh l\u00ean.<\/li>\n
      2. \u0110\u01b0\u1eddng cong l\u1ee3i su\u1ea5t:<\/strong> \u0110\u01b0\u1eddng cong l\u1ee3i su\u1ea5t l\u00e0 bi\u1ec3u \u0111\u1ed3 ph\u1ea3n \u00e1nh l\u1ee3i su\u1ea5t c\u1ee7a tr\u00e1i phi\u1ebfu \u1edf c\u00e1c k\u1ef3 h\u1ea1n kh\u00e1c nhau. H\u00ecnh d\u1ea1ng c\u1ee7a \u0111\u01b0\u1eddng cong c\u00f3 th\u1ec3 cho th\u1ea5y k\u1ef3 v\u1ecdng c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u1ec1 t\u01b0\u01a1ng lai kinh t\u1ebf, v\u00ed d\u1ee5, khi \u0111\u01b0\u1eddng cong l\u1ee3i su\u1ea5t tr\u1edf n\u00ean d\u1ed1c h\u01a1n, th\u01b0\u1eddng c\u00f3 ngh\u0129a l\u00e0 th\u1ecb tr\u01b0\u1eddng k\u1ef3 v\u1ecdng kinh t\u1ebf s\u1ebd t\u0103ng tr\u01b0\u1edfng, c\u00f3 l\u1ee3i cho \u0111\u1ed3ng ti\u1ec1n c\u1ee7a qu\u1ed1c gia \u0111\u00f3.<\/li>\n
      3. Ch\u00eanh l\u1ec7ch l\u1ee3i su\u1ea5t v\u00e0 giao d\u1ecbch ch\u00eanh l\u1ec7ch:<\/strong> Ch\u00eanh l\u1ec7ch l\u1ee3i su\u1ea5t cung c\u1ea5p c\u01a1 h\u1ed9i cho giao d\u1ecbch ch\u00eanh l\u1ec7ch. Khi ch\u00eanh l\u1ec7ch l\u1ee3i su\u1ea5t gi\u1eefa hai qu\u1ed1c gia l\u1edbn, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 t\u1eadn d\u1ee5ng s\u1ef1 kh\u00e1c bi\u1ec7t n\u00e0y \u0111\u1ec3 giao d\u1ecbch ch\u00eanh l\u1ec7ch. V\u00ed d\u1ee5, khi l\u1ee3i su\u1ea5t \u0111\u00f4 la cao h\u01a1n l\u1ee3i su\u1ea5t y\u00ean Nh\u1eadt, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 mua \u0111\u00f4 la so v\u1edbi y\u00ean Nh\u1eadt (USD \/ JPY) \u0111\u1ec3 thu l\u1ee3i t\u1eeb ch\u00eanh l\u1ec7ch l\u1ee3i su\u1ea5t.<\/li>\n<\/ol>
        \n\n

        K\u1ebft lu\u1eadn: L\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu \u0111\u00f3ng vai tr\u00f2 quan tr\u1ecdng trong th\u1ecb tr\u01b0\u1eddng ngo\u1ea1i h\u1ed1i<\/strong> <\/h3>\n\nL\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu l\u00e0 m\u1ed9t ch\u1ec9 s\u1ed1 quan tr\u1ecdng trong th\u1ecb tr\u01b0\u1eddng ti\u1ec1n t\u1ec7, n\u00f3 ph\u1ea3n \u00e1nh k\u1ef3 v\u1ecdng c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u1ec1 n\u1ec1n kinh t\u1ebf v\u00e0 ch\u00ednh s\u00e1ch l\u00e3i su\u1ea5t c\u1ee7a m\u1ed9t qu\u1ed1c gia. Hi\u1ec3u s\u1ef1 bi\u1ebfn \u0111\u1ed9ng c\u1ee7a l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu v\u00e0 \u1ea3nh h\u01b0\u1edfng c\u1ee7a n\u00f3 \u0111\u1ebfn \u0111\u1ed3ng ti\u1ec1n s\u1ebd gi\u00fap c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh th\u00f4ng minh h\u01a1n trong th\u1ecb tr\u01b0\u1eddng ngo\u1ea1i h\u1ed1i. V\u1edbi s\u1ef1 thay \u0111\u1ed5i c\u1ee7a t\u00ecnh h\u00ecnh kinh t\u1ebf to\u00e0n c\u1ea7u, vi\u1ec7c li\u00ean t\u1ee5c theo d\u00f5i xu h\u01b0\u1edbng l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu l\u00e0 r\u1ea5t quan tr\u1ecdng cho giao d\u1ecbch ngo\u1ea1i h\u1ed1i th\u00e0nh c\u00f4ng.

        \n<\/span><\/div><\/div>\n\t\t\t\t
        \n\t\t\t\t
        \n\t\t\t\t\t\t\t
        \n\t\t\t\t\t
        \n\t\t\t\t
        \n\t\t\t\t\t
        \n\t\t\t\t
        \n\nXin ch\u00e0o, ch\u00fang t\u00f4i l\u00e0 \u0110\u1ed9i ng\u0169 Nghi\u00ean c\u1ee9u Mr.Forex<\/a><\/strong>
        \n\nGiao d\u1ecbch kh\u00f4ng ch\u1ec9 c\u1ea7n t\u01b0 duy \u0111\u00fang \u0111\u1eafn m\u00e0 c\u00f2n c\u1ea7n c\u00e1c c\u00f4ng c\u1ee5 v\u00e0 th\u00f4ng tin h\u1eefu \u00edch. Ch\u00fang t\u00f4i t\u1eadp trung v\u00e0o \u0111\u00e1nh gi\u00e1 c\u00e1c nh\u00e0 m\u00f4i gi\u1edbi to\u00e0n c\u1ea7u, thi\u1ebft l\u1eadp h\u1ec7 th\u1ed1ng giao d\u1ecbch (MT4 \/ MT5, EA, VPS) v\u00e0 n\u1ec1n t\u1ea3ng forex th\u1ef1c chi\u1ebfn. Ch\u00fang t\u00f4i tr\u1ef1c ti\u1ebfp h\u01b0\u1edbng d\u1eabn b\u1ea1n n\u1eafm v\u1eefng \"h\u01b0\u1edbng d\u1eabn s\u1eed d\u1ee5ng\" c\u1ee7a th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh, x\u00e2y d\u1ef1ng m\u00f4i tr\u01b0\u1eddng giao d\u1ecbch chuy\u00ean nghi\u1ec7p t\u1eeb con s\u1ed1 kh\u00f4ng.
        \n
        \n\nN\u1ebfu b\u1ea1n mu\u1ed1n chuy\u1ec3n t\u1eeb l\u00fd thuy\u1ebft sang th\u1ef1c h\u00e0nh:<\/strong>
        \n1. H\u00e3y chia s\u1ebb b\u00e0i vi\u1ebft n\u00e0y \u0111\u1ec3 nhi\u1ec1u nh\u00e0 giao d\u1ecbch th\u1ea5y \u0111\u01b0\u1ee3c s\u1ef1 th\u1eadt.
        \n2. \u0110\u1ecdc th\u00eam c\u00e1c b\u00e0i vi\u1ebft li\u00ean quan \u0111\u1ebfn         H\u1ecdc Forex<\/a>.\n<\/span><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"

        Khi l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu c\u1ee7a m\u1ed9t qu\u1ed1c gia t\u0103ng, th\u01b0\u1eddng s\u1ebd d\u1eabn \u0111\u1ebfn vi\u1ec7c \u0111\u1ed3ng ti\u1ec1n c\u1ee7a qu\u1ed1c gia \u0111\u00f3 m\u1ea1nh l\u00ean, v\u00e0 ng\u01b0\u1ee3c l\u1ea1i. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 t\u1eadn d\u1ee5ng s\u1ef1 thay \u0111\u1ed5i c\u1ee7a l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu v\u00e0 ch\u00eanh l\u1ec7ch l\u1ee3i su\u1ea5t gi\u1eefa hai qu\u1ed1c gia \u0111\u1ec3 x\u00e2y d\u1ef1ng c\u00e1c chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 ngo\u1ea1i h\u1ed1i hi\u1ec7u qu\u1ea3.<\/p>","protected":false},"author":1,"featured_media":46733,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[128],"class_list":["post-47619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn-forex","tag-no-google"],"_links":{"self":[{"href":"https:\/\/mister.forex\/vi\/wp-json\/wp\/v2\/posts\/47619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mister.forex\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mister.forex\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mister.forex\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mister.forex\/vi\/wp-json\/wp\/v2\/comments?post=47619"}],"version-history":[{"count":0,"href":"https:\/\/mister.forex\/vi\/wp-json\/wp\/v2\/posts\/47619\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mister.forex\/vi\/wp-json\/wp\/v2\/media\/46733"}],"wp:attachment":[{"href":"https:\/\/mister.forex\/vi\/wp-json\/wp\/v2\/media?parent=47619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mister.forex\/vi\/wp-json\/wp\/v2\/categories?post=47619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mister.forex\/vi\/wp-json\/wp\/v2\/tags?post=47619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}