{"id":68396,"date":"2021-05-15T11:59:00","date_gmt":"2021-05-15T02:59:00","guid":{"rendered":"https:\/\/www.invast.jp\/blogs\/?p=68396"},"modified":"2021-05-14T18:08:59","modified_gmt":"2021-05-14T09:08:59","slug":"%e3%80%90%e6%b1%9f%e5%ae%88%e5%93%b2%e7%9b%a3%e4%bf%ae_%e3%82%b3%e3%82%a2%e3%83%ac%e3%83%b3%e3%82%b8%e3%83%a3%e3%83%bc_%e3%83%a6%e3%83%bc%e3%83%ad-%e8%8b%b1%e3%83%9d%e3%83%b3%e3%83%89%e3%80%91","status":"publish","type":"post","link":"https:\/\/www.invast.jp\/blogs\/auto-select\/strategist\/emori_eurgbp_ver2","title":{"rendered":"\u3010\u6c5f\u5b88\u54f2\u76e3\u4fee_\u30b3\u30a2\u30ec\u30f3\u30b8\u30e3\u30fc_\u30e6\u30fc\u30ed \/\u82f1\u30dd\u30f3\u30c9\u3011\u30ec\u30dd\u30fc\u30c8"},"content":{"rendered":"\n<p>2020\u5e74\u5f8c\u534a\u306e\u30ea\u30ea\u30fc\u30b9\u4ee5\u964d\u3001\u3054\u597d\u8a55\u3044\u305f\u3060\u3044\u3066\u304a\u308a\u307e\u3057\u305f\u300c<strong><span style=\"background-color:#8ed1fc\" class=\"tadv-background-color\">\u6709\u540d\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u76e3\u4fee\u30b3\u30a2\u30ec\u30f3\u30b8\u30e3\u30fc<\/span><\/strong>\u300d\u3067\u3059\u304c\u3001\u4eca\u56de2021\u5e74\u672b\u307e\u3067\u306e\u76f8\u5834\u3092\u60f3\u5b9a\u3057\u305f\u30ed\u30b8\u30c3\u30af\u3068\u3057\u3066<strong><span style=\"background-color:#8ed1fc\" class=\"tadv-background-color\">\u30d0\u30fc\u30b8\u30e7\u30f3\u30a2\u30c3\u30d7\u3055\u308c\u307e\u3057\u305f\uff01<\/span><\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\">\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u306b\u3088\u308b\u89e3\u8aac\u52d5\u753b\u306f\u3053\u3061\u3089<\/p>\n\n\n\n<p style=\"text-align: center;\"><iframe loading=\"lazy\" width=\"560\" height=\"314\" src=\"\/\/www.youtube.com\/embed\/4vyHHpasuM8\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n\n\n\n<p>\u3053\u3061\u3089\u306e\u30ec\u30dd\u30fc\u30c8\u3067\u306f\u30a8\u30e2\u30ea\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u682a\u5f0f\u4f1a\u793e\u4ee3\u8868\u53d6\u7de0\u5f79\u3001\u6c5f\u5b88\u54f2\u6c0f\u306e\u4e88\u60f3\u3059\u308b\u30e6\u30fc\u30ed \/\u82f1\u30dd\u30f3\u30c9\u76f8\u5834\u306e\u4e88\u60f3\u30ec\u30f3\u30b8\u3092\u3082\u3068\u306b\u7d44\u6210\u3057\u305f\u81ea\u52d5\u58f2\u8cb7\u30d7\u30ed\u30b0\u30e9\u30e0\u300c\u6c5f\u5b88\u54f2\u76e3\u4fee<em>\u30b3\u30a2\u30ec\u30f3\u30b8\u30e3\u30fc<\/em>\u30e6\u30fc\u30ed\/\u82f1\u30dd\u30f3\u30c9\u300d\u3068\u3001\u76f8\u5834\u306e\u5148\u884c\u304d\u306b\u3064\u3044\u3066\u89e3\u8aac\u81f4\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 ez-toc-wrap-center counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">\u76ee\u6b21<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 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href=\"https:\/\/www.invast.jp\/blogs\/auto-select\/strategist\/emori_eurgbp_ver2\/#1-2%E6%9C%89%E5%90%8D%E3%82%B9%E3%83%88%E3%83%A9%E3%83%86%E3%82%B8%E3%82%B9%E3%83%88%E7%9B%A3%E4%BF%AE%E3%82%B3%E3%82%A2%E3%83%AC%E3%83%B3%E3%82%B8%E3%83%A3%E3%83%BC%E3%81%AE%E9%81%B8%E3%81%B3%E6%96%B9\" >1-2.\u6709\u540d\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u76e3\u4fee\u30b3\u30a2\u30ec\u30f3\u30b8\u30e3\u30fc\u306e\u9078\u3073\u65b9<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.invast.jp\/blogs\/auto-select\/strategist\/emori_eurgbp_ver2\/#1-3%E6%B3%A8%E6%84%8F%E7%82%B9\" >1-3.\u6ce8\u610f\u70b9<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.invast.jp\/blogs\/auto-select\/strategist\/emori_eurgbp_ver2\/#2%E6%83%B3%E5%AE%9A%E3%83%AC%E3%83%B3%E3%82%B8%E6%A0%B9%E6%8B%A0\" >2.\u60f3\u5b9a\u30ec\u30f3\u30b8\u6839\u62e0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.invast.jp\/blogs\/auto-select\/strategist\/emori_eurgbp_ver2\/#2-1_%E6%96%B0%E5%9E%8B%E3%82%B3%E3%83%AD%E3%83%8A%E3%81%AE%E6%84%9F%E6%9F%93%E6%8B%A1%E5%A4%A7%E3%81%AB%E3%82%88%E3%82%8B%E3%83%A6%E3%83%BC%E3%83%AD%E5%AE%89\" >2-1. \u65b0\u578b\u30b3\u30ed\u30ca\u306e\u611f\u67d3\u62e1\u5927\u306b\u3088\u308b\u30e6\u30fc\u30ed\u5b89<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.invast.jp\/blogs\/auto-select\/strategist\/emori_eurgbp_ver2\/#2-2_%E6%96%B0%E5%9E%8B%E3%82%B3%E3%83%AD%E3%83%8A%E3%81%AE%E3%83%AF%E3%82%AF%E3%83%81%E3%83%B3%E6%8E%A5%E7%A8%AE%E3%81%AB%E4%BC%B4%E3%81%A3%E3%81%9F%E6%99%AF%E6%B0%97%E5%9B%9E%E5%BE%A9%E3%81%AB%E3%82%88%E3%82%8B%E3%83%9D%E3%83%B3%E3%83%89%E9%AB%98\" >2-2. \u65b0\u578b\u30b3\u30ed\u30ca\u306e\u30ef\u30af\u30c1\u30f3\u63a5\u7a2e\u306b\u4f34\u3063\u305f\u666f\u6c17\u56de\u5fa9\u306b\u3088\u308b\u30dd\u30f3\u30c9\u9ad8<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.invast.jp\/blogs\/auto-select\/strategist\/emori_eurgbp_ver2\/#2-_3_ECB%E3%81%A8BOE%E3%81%AB%E3%82%88%E3%82%8B%E9%87%91%E8%9E%8D%E6%94%BF%E7%AD%96\" >2- 3. ECB\u3068BOE\u306b\u3088\u308b\u91d1\u878d\u653f\u7b56<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.invast.jp\/blogs\/auto-select\/strategist\/emori_eurgbp_ver2\/#2-_4_%E3%83%AF%E3%82%AF%E3%83%81%E3%83%B3%E6%8E%A5%E7%A8%AE%E3%81%8C%E6%8E%A8%E9%80%B2%E3%81%95%E3%82%8C%E3%82%8B%E4%B8%AD%E3%81%A7%E3%81%AE%E3%80%81%E3%83%A6%E3%83%BC%E3%83%AD%E3%83%9D%E3%83%B3%E3%83%89%E3%81%AE%E6%8E%A8%E7%A7%BB\" >2- 4. \u30ef\u30af\u30c1\u30f3\u63a5\u7a2e\u304c\u63a8\u9032\u3055\u308c\u308b\u4e2d\u3067\u306e\u3001\u30e6\u30fc\u30ed\u30dd\u30f3\u30c9\u306e\u63a8\u79fb<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1%E6%A6%82%E8%AB%96\"><\/span>1.\u6982\u8ad6<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1-_1_%E8%A8%AD%E5%AE%9A%E5%80%A4\"><\/span>1- 1. \u8a2d\u5b9a\u5024<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u901a\u8ca8\u30da\u30a2\uff1aEUR\/GBP<br>\u60f3\u5b9a\u671f\u9593\uff1a2021\u5e744\u6708\uff5e2021\u5e7412\u6708\u672b<\/p>\n\n\n\n<p><strong>\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u60f3\u5b9a\u5024<\/strong><br>\u30b5\u30d6\u30ec\u30f3\u30b8\uff08\u58f2\u308a\uff09\uff1a0.9200-0.8850\u30dd\u30f3\u30c9<br>\u30b3\u30a2\u30ec\u30f3\u30b8\uff08\u58f2\u308a\u8cb7\u3044\uff09\uff1a0.8850-0.8300-\u30dd\u30f3\u30c9<br>\u30b5\u30d6\u30ec\u30f3\u30b8\uff08\u8cb7\u3044\uff09\uff1a0.8300-0.7600\u30dd\u30f3\u30c9<\/p>\n\n\n\n<p><strong>\u81ea\u52d5\u58f2\u8cb7\u30d7\u30ed\u30b0\u30e9\u30e0\u8a2d\u5b9a\u5024<\/strong><\/p>\n\n\n\n<p>\u203b\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u60f3\u5b9a\u30ec\u30f3\u30b8\u306e\u00b1100pips\u306e\u7bc4\u56f2\u306b\u3066\u30ec\u30f3\u30b8\u5e45\u8a2d\u5b9a<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.invast.jp\/blogs\/wp-content\/uploads\/2021\/05\/5c0aec070a0c15b2b54643e0040886e8.png\" alt=\"\" class=\"wp-image-68405\" width=\"597\" height=\"159\" srcset=\"https:\/\/www.invast.jp\/blogs\/wp-content\/uploads\/2021\/05\/5c0aec070a0c15b2b54643e0040886e8.png 380w, https:\/\/www.invast.jp\/blogs\/wp-content\/uploads\/2021\/05\/5c0aec070a0c15b2b54643e0040886e8-300x80.png 300w, https:\/\/www.invast.jp\/blogs\/wp-content\/uploads\/2021\/05\/5c0aec070a0c15b2b54643e0040886e8-304x81.png 304w, https:\/\/www.invast.jp\/blogs\/wp-content\/uploads\/2021\/05\/5c0aec070a0c15b2b54643e0040886e8-282x75.png 282w\" sizes=\"auto, (max-width: 597px) 100vw, 597px\" \/><\/figure><\/div>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.invast.jp\/blogs\/wp-content\/uploads\/2021\/05\/4b97bbb2d69a4d5658183c4057501452-1.png\" alt=\"\" class=\"wp-image-68407\" width=\"600\" height=\"470\"\/><figcaption>\u51fa\u6240\uff1a\u30c8\u30e9\u30a4\u30aa\u30fc\u30c8FX\u30c4\u30fc\u30eb\u753b\u9762\u3088\u308a\u30a4\u30f3\u30f4\u30a1\u30b9\u30c8\u8a3c\u5238\u4f5c\u6210<\/figcaption><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1-2%E6%9C%89%E5%90%8D%E3%82%B9%E3%83%88%E3%83%A9%E3%83%86%E3%82%B8%E3%82%B9%E3%83%88%E7%9B%A3%E4%BF%AE%E3%82%B3%E3%82%A2%E3%83%AC%E3%83%B3%E3%82%B8%E3%83%A3%E3%83%BC%E3%81%AE%E9%81%B8%E3%81%B3%E6%96%B9\"><\/span>1-2.\u6709\u540d\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u76e3\u4fee\u30b3\u30a2\u30ec\u30f3\u30b8\u30e3\u30fc\u306e\u9078\u3073\u65b9<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u6709\u540d\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u76e3\u4fee\u30b3\u30a2\u30ec\u30f3\u30b8\u30e3\u30fc\u306f\u3001\u3053\u308c\u307e\u3067\u306e\u30b3\u30a2\u30ec\u30f3\u30b8\u30e3\u30fc\u3068\u306f\u7570\u306a\u308a\u3001\u300c<strong><span style=\"background-color:#8ed1fc\" class=\"tadv-background-color\">\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u306b\u3088\u308b\u5c06\u6765\u306e\u76f8\u5834\u4e88\u6e2c\u306b\u57fa\u3065\u304f\u30ec\u30f3\u30b8\u8a2d\u5b9a<\/span><\/strong>\u300d\u3068\u3044\u3046\u65b0\u3057\u3044\u30a2\u30d7\u30ed\u30fc\u30c1\u3067\u4f5c\u6210\u3055\u308c\u3066\u304a\u308a\u307e\u3059\u3002<br>\u305d\u306e\u3053\u3068\u304b\u3089\u3001<strong><span style=\"background-color:#8ed1fc\" class=\"tadv-background-color\">\u904e\u53bb\u306e\u76f8\u5834\u306b\u304a\u3051\u308b\u30b7\u30df\u30e5\u30ec\u30fc\u30b7\u30e7\u30f3\u7d50\u679c\u3067\u3042\u308b\u3001\u81ea\u52d5\u58f2\u8cb7\u30bb\u30ec\u30af\u30c8\u306e\u671f\u9593\u53ce\u76ca\u7387\u3084\u30ea\u30b9\u30af\u30ea\u30bf\u30fc\u30f3\u8a55\u4fa1\u306e\u5024\u306f\u3042\u307e\u308a\u53c2\u8003\u306b\u306a\u308a\u307e\u305b\u3093\u3002<\/span><\/strong><br>\u81ea\u52d5\u58f2\u8cb7\u30d7\u30ed\u30b0\u30e9\u30e0\u3092\u9078\u629e\u3059\u308b\u4e0a\u3067\u306f\u3001\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u306e\u89e3\u8aac\u30ec\u30dd\u30fc\u30c8\u3092\u78ba\u8a8d\u3057<br>\u2460\u904b\u7528\u901a\u8ca8\u30da\u30a2\u304c\u30ec\u30f3\u30b8\u76f8\u5834\u3092\u5f62\u6210\u3059\u308b\u3068\u601d\u3048\u308b\u304b<br>\u2461\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u306e\u76f8\u5834\u4e88\u6e2c\u306e\u8003\u3048\u65b9\u304c\u8151\u306b\u843d\u3061\u308b\u304b<br>\u2462\u8a2d\u5b9a\u5024\u306e\u4e2d\u3067\u4e0a\u624b\u304f\u30ec\u30f3\u30b8\u76f8\u5834\u306b\u306a\u308a\u305d\u3046\u304b<br>\u3068\u3044\u3046\u70b9\u304b\u3089\u81ea\u52d5\u58f2\u8cb7\u30d7\u30ed\u30b0\u30e9\u30e0\u3092\u9078\u51fa\u3057\u3066\u9802\u3051\u307e\u3059\u3068\u5e78\u3044\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1-3%E6%B3%A8%E6%84%8F%E7%82%B9\"><\/span>1-3.\u6ce8\u610f\u70b9<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u306b\u3088\u308b\u76f8\u5834\u60f3\u5b9a\u306f\u30012021\u5e744\u6708\u6642\u70b9\u306e\u3082\u306e\u3067\u3059\u3002<br><strong><span style=\"background-color:#8ed1fc\" class=\"tadv-background-color\">\u4eca\u5f8c\u306e\u76f8\u5834\u72b6\u6cc1\u7b49\u306e\u5909\u5316\u306b\u3088\u308a\u3001\u60f3\u5b9a\u304c\u5909\u66f4\u3055\u308c\u308b\u53ef\u80fd\u6027\u304c\u3054\u3056\u3044\u307e\u3059\u3002<\/span><\/strong><br>\u76f8\u5834\u306e\u72b6\u6cc1\u3068\u3001\u89e3\u8aac\u30ec\u30dd\u30fc\u30c8\u306e\u5185\u5bb9\u3001\u53ca\u3073\u81ea\u52d5\u58f2\u8cb7\u30ed\u30b8\u30c3\u30af\u306e\u6ce8\u6587\u8a2d\u5b9a\u3092\u3054\u78ba\u8a8d\u3044\u305f\u3060\u304d\u3001\u304a\u5ba2\u69d8\u306e\u3054\u5224\u65ad\u306e\u3082\u3068\u3067\u904b\u7528\u3092\u3054\u691c\u8a0e\u304f\u3060\u3055\u3044\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2%E6%83%B3%E5%AE%9A%E3%83%AC%E3%83%B3%E3%82%B8%E6%A0%B9%E6%8B%A0\"><\/span>2.\u60f3\u5b9a\u30ec\u30f3\u30b8\u6839\u62e0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2-1_%E6%96%B0%E5%9E%8B%E3%82%B3%E3%83%AD%E3%83%8A%E3%81%AE%E6%84%9F%E6%9F%93%E6%8B%A1%E5%A4%A7%E3%81%AB%E3%82%88%E3%82%8B%E3%83%A6%E3%83%BC%E3%83%AD%E5%AE%89\"><\/span>2-1. \u65b0\u578b\u30b3\u30ed\u30ca\u306e\u611f\u67d3\u62e1\u5927\u306b\u3088\u308b\u30e6\u30fc\u30ed\u5b89<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong><span style=\"background-color:#8ed1fc\" class=\"tadv-background-color\">\u30e6\u30fc\u30ed\u30dd\u30f3\u30c9\u306e\u57fa\u672c\u7684\u306a\u65b9\u5411\u6027\u306f\u4e0b\u5411\u304d\u3068\u8003\u3048\u3066\u3044\u308b\u3002<\/span><\/strong>\u6b27\u5dde\u3092\u53d6\u308a\u5dfb\u304f\u74b0\u5883\u306f\u5f90\u3005\u306b\u6539\u5584\u3057\u3066\u3044\u308b\u3082\u306e\u306e\u3001\u65b0\u578b\u30b3\u30ed\u30ca\u30a6\u30a4\u30eb\u30b9\u306e\u611f\u67d3\u62e1\u5927\u306e\u5f71\u97ff\u306f\u5927\u304d\u304f\u3001\u30c9\u30a4\u30c4\u3084\u30d5\u30e9\u30f3\u30b9\u306a\u3069\u30e6\u30fc\u30ed\u570f\u306e\u4e3b\u8981\u56fd\u3067\u306f\u4f9d\u7136\u3068\u3057\u3066\u30ed\u30c3\u30af\u30c0\u30a6\u30f3\u304c\u5b9f\u65bd\u3055\u308c\u308b\u306a\u3069\u3001\u7d4c\u6e08\u6d3b\u52d5\u306b\u5927\u304d\u306a\u652f\u969c\u304c\u51fa\u3066\u3044\u308b\u3002\u30c9\u30a4\u30c4\u306eIFO\u7d4c\u6e08\u7814\u7a76\u6240\u306f\u3001\u65b0\u578b\u30b3\u30ed\u30ca\u30a6\u30a4\u30eb\u30b9\u306e\u611f\u67d3\u72b6\u6cc1\u304c\u518d\u3073\u60aa\u5316\u3057\u305f\u3053\u3068\u3092\u53d7\u3051\u3066\u300121\u5e74\u306eGDP\u306e\u898b\u901a\u3057\u3092\u524d\u5e74\u6bd43.7\uff05\u5897\uff08\u5f93\u6765\u306f4.2\uff05\u5897\uff09\u300122\u5e74\u30923.2\uff05\u5897\uff08\u540c2.5\uff05\u5897\uff09\u3078\u898b\u76f4\u3057\u305f\u3002IFO\u306f\u3001<strong><span style=\"background-color:#8ed1fc\" class=\"tadv-background-color\">\u4e16\u754c\u666f\u6c17\u306e\u56de\u5fa9\u3067\u88fd\u9020\u696d\u306f\u6301\u3061\u3053\u305f\u3048\u305f\u3082\u306e\u306e\u3001\u30ed\u30c3\u30af\u30c0\u30a6\u30f3\u306e\u6253\u6483\u304c\u5927\u304d\u3044\u5c0f\u58f2\u696d\u3084\u30b5\u30fc\u30d3\u30b9\u696d\u3001\u60aa\u5929\u5019\u306b\u898b\u821e\u308f\u308c\u305f\u5efa\u8a2d\u696d\u306a\u3069\u306e\u6d3b\u52d5\u304c\u4f4e\u8ff7\u3057\u305f<\/span><\/strong>\u3068\u3057\u3066\u3044\u308b\u3002\u307e\u305f\u3001\u30b3\u30ed\u30ca\u798d\u306b\u3088\u308b20\uff0d22\u5e74\u306e\u640d\u5931\u306f4050\u5104\u30e6\u30fc\u30ed\u306b\u9054\u3059\u308b\u3068\u898b\u7a4d\u3082\u3063\u305f\u3002\u3082\u3063\u3068\u3082\u30013\u6708\u306e\u4f01\u696d\u306e\u666f\u6cc1\u611f\u6307\u6570\u306f96.6\u3068\u3001\u524d\u6708\u306e92.7\u3092\u4e0a\u56de\u3063\u305f\u3002\u4e0a\u6607\u306f2\u30ab\u6708\u9023\u7d9a\u3067\u300119\u5e746\u6708\u4ee5\u6765\u306e\u9ad8\u6c34\u6e96\u3068\u306a\u3063\u305f\u3002\u5411\u3053\u30466\u30ab\u6708\u306e\u898b\u901a\u3057\u3092\u793a\u3059\u671f\u5f85\u6307\u6570\u3082100.4\u3068\u6539\u5584\u3057\u3066\u3044\u308b\u3002\u30c9\u30a4\u30c4\u56fd\u5185\u3067\u306f\u65b0\u578b\u30b3\u30ed\u30ca\u30a6\u30a4\u30eb\u30b9\u306e\u65b0\u898f\u611f\u67d3\u8005\u6570\u304c\u518d\u3073\u5897\u52a0\u3057\u3066\u3044\u308b\u304c\u3001<strong><span style=\"background-color:#8ed1fc\" class=\"tadv-background-color\">IFO\u306e\u30d5\u30e5\u30fc\u30b9\u30c8\u6240\u9577\u306f\u300c\u72ec\u7d4c\u6e08\u306f\u81ea\u4fe1\u3092\u3082\u3063\u3066\u6625\u3092\u8fce\u3048\u3064\u3064\u3042\u308b\u300d\u3068\u5206\u6790\u3057\u3066\u3044\u308b\u3002<\/span><\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\">\u30e6\u30fc\u30ed\u570f\u3068\u82f1\u56fd\u306e\u88fd\u9020\u696dPMI\u3068\u30e6\u30fc\u30ed\u30dd\u30f3\u30c9\u306e\u63a8\u79fb<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.invast.jp\/blogs\/wp-content\/uploads\/2021\/05\/EURGBP1_20210510-1.png\" alt=\"\" class=\"wp-image-68408\" width=\"600\" height=\"400\"\/><figcaption>\u51fa\u6240\uff1a\u30ea\u30d5\u30a3\u30cb\u30c6\u30a3\u30d6\u304b\u3089\u30a8\u30e2\u30ea\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u4f5c\u6210<\/figcaption><\/figure><\/div>\n\n\n\n<p>\u307e\u305f\u30013\u6708\u306e\u30e6\u30fc\u30ed\u570f\u306e\u88fd\u9020\u696d\u8cfc\u8cb7\u62c5\u5f53\u8005\u666f\u6c17\u6307\u6570\uff08PMI\uff09\u6539\u5b9a\u5024\u306f62.5\u3068\u30011997\u5e746\u6708\u306e\u8abf\u67fb\u958b\u59cb\u4ee5\u964d\u3067\u6700\u9ad8\u3068\u306a\u3063\u305f\u3002\u305f\u3060\u3057\u3001\u30b5\u30d7\u30e9\u30a4\u30c1\u30a7\u30fc\u30f3\u306e\u6df7\u4e71\u3084\u3001\u65b0\u578b\u30b3\u30ed\u30ca\u30a6\u30a4\u30eb\u30b9\u306e\u6d41\u884c\u306b\u4f34\u3046\u30ed\u30c3\u30af\u30c0\u30a6\u30f3\u306e\u518d\u5c0e\u5165\u3092\u53d7\u3051\u3066\u3001\u62e1\u5927\u30da\u30fc\u30b9\u304c\u8fd1\u304f\u920d\u5316\u3059\u308b\u53ef\u80fd\u6027\u3082\u6307\u6458\u3055\u308c\u3066\u3044\u308b\u3002\u6b27\u5dde\u3067\u306f\u30ed\u30c3\u30af\u30c0\u30a6\u30f3\u306e\u518d\u5c0e\u5165\u3067\u30b5\u30fc\u30d3\u30b9\u696d\u304c\u7279\u306b\u6253\u6483\u3092\u53d7\u3051\u3066\u304a\u308a\u3001<strong><span style=\"background-color:#8ed1fc\" class=\"tadv-background-color\">\u88fd\u9020\u696d\u304c\u666f\u6c17\u56de\u5fa9\u306e\u3051\u3093\u5f15\u5f79\u3068\u306a\u3063\u3066\u3044\u308b\u3002<\/span><\/strong>\u3082\u3063\u3068\u3082\u3001\u30e6\u30fc\u30ed\u570f\u306e\u88fd\u9020\u696d\u306f\u6d3b\u6cc1\u3092\u5448\u3057\u3066\u304a\u308a\u3001\u7279\u306b\u8a18\u9332\u7684\u306a\u62e1\u5927\u3092\u793a\u3057\u305f\u30c9\u30a4\u30c4\u304c\u4e2d\u5fc3\u3060\u304c\u3001<strong><span style=\"background-color:#8ed1fc\" class=\"tadv-background-color\">\u6539\u5584\u50be\u5411\u306f\u4ed6\u306e\u56fd\u5168\u4f53\u306b\u5e83\u304c\u3063\u3066\u3044\u308b\u3082\u3088\u3046\u3067\u3042\u308b\u3002<\/span><\/strong>\u88fd\u9020\u696d\u306f\u5185\u9700\u62e1\u5927\u3068\u8f38\u51fa\u30da\u30fc\u30b9\u306e\u56de\u5fa9\u3067\u6069\u6075\u3092\u53d7\u3051\u3066\u3044\u308b\u3002<strong><span style=\"background-color:#8ed1fc\" 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style=\"background-color:#8ed1fc\" class=\"tadv-background-color\">\u82f1\u56fd\u306e20\u5e74\u7b2c4\u56db\u534a\u671f\u306eGDP\u78ba\u5831\u5024\u306f\u524d\u671f\u6bd41.3\uff05\u5897\u3060\u3063\u305f\u300220\u5e74\u901a\u5e74\u3067\u306f9.8\uff05\u6e1b\u5c11\u3068\u306a\u308a\u3001<\/span><\/strong>\u904e\u53bb300\u5e74\u3042\u307e\u308a\u3067\u6700\u5927\u306e\u843d\u3061\u8fbc\u307f\u3068\u306a\u3063\u305f\u3002\u305f\u3060\u3057\u3001\u65b0\u578b\u30b3\u30ed\u30ca\u30a6\u30a4\u30eb\u30b9\u30ef\u30af\u30c1\u30f3\u63a5\u7a2e\u304c\u6b27\u5dde\u3067\u6700\u3082\u6025\u901f\u306b\u9032\u3093\u3067\u304a\u308a\u3001<strong><span style=\"background-color:#8ed1fc\" class=\"tadv-background-color\">BOE\u306f\u4eca\u5e745\uff05\u306e\u6210\u9577\u3092\u898b\u8fbc\u3093\u3067\u3044\u308b\u3002<\/span><\/strong>\u3057\u304b\u3057\u3001<strong><span style=\"background-color:#8ed1fc\" class=\"tadv-background-color\">\u666f\u6c17\u56de\u5fa9\u306e\u9375\u3092\u63e1\u308b\u306e\u306f\u3001\u5bb6\u8a08\u304c\u8caf\u3081\u3053\u3093\u3060\u304a\u91d1\u3092\u6d88\u8cbb\u306b\u56de\u3059\u304b\u3069\u3046\u304b<\/span><\/strong>\u306b\u304b\u304b\u3063\u3066\u3044\u308b\u3002\u7b2c4\u56db\u534a\u671f\u306e\u8caf\u84c4\u7387\u306f16.1\uff05\u3067\u3001\u7b2c3\u56db\u534a\u671f\u306e14.3\uff05\u304b\u3089\u4e0a\u6607\u300220\u5e74\u306f16.3\uff05\u3067\u300119\u5e74\u306e6.8\uff05\u3092\u5927\u304d\u304f\u4e0a\u56de\u308a\u904e\u53bb\u6700\u9ad8\u3068\u306a\u3063\u305f\u3002<strong><span style=\"background-color:#8ed1fc\" class=\"tadv-background-color\">\u8caf\u84c4\u7387\u306e\u4e0a\u6607\u306f\u3001\u4fdd\u6709\u682a\u306e\u4fa1\u5024\u4e0b\u843d\u3067\u5e33\u6d88\u3057\u306b\u306a\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002<\/span><\/strong><\/p>\n\n\n\n<p>\u307e\u305f\u3001<strong><span style=\"background-color:#8ed1fc\" 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style=\"background-color:#8ed1fc\" class=\"tadv-background-color\">\u72b6\u6cc1\u306f\u5f90\u3005\u306b\u6539\u5584\u3059\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u3044\u3068\u3044\u3048\u308b\u3002<\/span><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2-_3_ECB%E3%81%A8BOE%E3%81%AB%E3%82%88%E3%82%8B%E9%87%91%E8%9E%8D%E6%94%BF%E7%AD%96\"><\/span>2- 3. ECB\u3068BOE\u306b\u3088\u308b\u91d1\u878d\u653f\u7b56<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u91d1\u878d\u653f\u7b56\u9762\u3060\u304c\u3001ECB\u306f3\u6708\u306e\u7406\u4e8b\u4f1a\u3067\u3001\u91d1\u5229\u306e\u4e0a\u6607\u3092\u6291\u3048\u308b\u305f\u3081\u3001<strong><span style=\"background-color:#8ed1fc\" class=\"tadv-background-color\">\u6b21\u306e\u56db\u534a\u671f\u306e\u8cc7\u7523\u8cfc\u5165\u3092\u3053\u308c\u307e\u3067\u3088\u308a\u300c\u304b\u306a\u308a\u901f\u3044\u30da\u30fc\u30b9\u3067\u5b9f\u65bd\u3059\u308b\u300d\u3053\u3068\u3092\u6c7a\u5b9a\u3057\u305f\u3002<\/span><\/strong>\u7406\u4e8b\u4f1a\u306e\u8b70\u4e8b\u8981\u65e8\u306b\u3088\u308b\u3068\u3001\u7406\u4e8b\u4f1a\u30e1\u30f3\u30d0\u30fc\u306f\u65b0\u578b\u30b3\u30ed\u30ca\u30a6\u30a4\u30eb\u30b9\u5371\u6a5f\u5bfe\u7b56\u306e\u300c\u30d1\u30f3\u30c7\u30df\u30c3\u30af\u7dca\u6025\u8cfc\u5165\u30d7\u30ed\u30b0\u30e9\u30e0\uff08PEPP\uff09\u300d\u306b\u3064\u3044\u3066\u3001\u300c\u5e02\u5834\u74b0\u5883\u306b\u5fdc\u3058\u3066\u8cfc\u5165\u30da\u30fc\u30b9\u3092\u52a0\u901f\u3057\u305f\u308a\u3001\u6e1b\u901f\u3057\u305f\u308a\u3059\u308b\u3053\u3068\u304c\u53ef\u80fd\u300d\u3068\u306e\u65b9\u91dd\u3092\u78ba\u8a8d\u3057\u305f\u3002\u4f1a\u5408\u3067\u306f\u3001\u9577\u671f\u91d1\u5229\u306e\u4e0a\u6607\u3092\u6291\u3048\u308b\u305f\u3081\u3001PEPP\u3092\u901a\u3058\u305f\u50b5\u5238\u8cfc\u5165\u30924\uff0d6\u6708\u671f\u306b\u5927\u5e45\u306b\u52a0\u901f\u3059\u308b\u65b9\u91dd\u3092\u6c7a\u3081\u3066\u3044\u308b\u3002ECB\u306f\u6628\u5e7412\u6708\u3001PEPP\u306e\u898f\u6a21\u30925000\u5104\u30e6\u30fc\u30ed\u5897\u984d\u3057\u30661\u51468500\u5104\u30e6\u30fc\u30ed\u306b\u62e1\u5927\u3002ECB\u306f\u5fc5\u8981\u304c\u306a\u3051\u308c\u3070\u5168\u984d\u4f7f\u7528\u305b\u305a\u3001\u4e00\u65b9\u3067\u826f\u597d\u306a\u91d1\u878d\u74b0\u5883\u306e\u7dad\u6301\u306b\u5fc5\u8981\u3067\u3042\u308c\u3070\u3001\u8cb7\u3044\u5165\u308c\u67a0\u3092\u518d\u8abf\u6574\u3059\u308b\u3068\u7e70\u308a\u8fd4\u3057\u8aac\u660e\u3057\u3066\u3044\u308b\u3002\u307e\u305f\u3001\u30e6\u30fc\u30ed\u570f\u666f\u6c17\u898b\u901a\u3057\u306e\u4e0d\u78ba\u5b9f\u6027\u306f\u4f9d\u7136\u9ad8\u3044\u304c\u3001\u30ef\u30af\u30c1\u30f3\u63a5\u7a2e\u306e\u9032\u5c55\u3084\u30d0\u30a4\u30c7\u30f3\u7c73\u653f\u6a29\u306e\u7d4c\u6e08\u5bfe\u7b56\u3092\u53d7\u3051\u3066\u3001\u6628\u5e7412\u6708\u6642\u70b9\u3088\u308a\u3082\u4f4e\u4e0b\u3057\u3066\u3044\u308b\u3068\u5206\u6790\u3002\u5909\u7570\u30a6\u30a4\u30eb\u30b9\u306e\u611f\u67d3\u62e1\u5927\u306a\u3069\u3067\u77ed\u671f\u7684\u306b\u306f\u4e0b\u632f\u308c\u30ea\u30b9\u30af\u304c\u6b8b\u3063\u3066\u3044\u308b\u304c\u3001<strong><span style=\"background-color:#8ed1fc\" class=\"tadv-background-color\">\u4e2d\u671f\u7684\u306a\u30e6\u30fc\u30ed\u570f\u306e\u6210\u9577\u898b\u901a\u3057\u3092\u53d6\u308a\u5dfb\u304f\u30ea\u30b9\u30af\u306f\u3001\u3088\u308a\u30d0\u30e9\u30f3\u30b9\u304c\u53d6\u308c\u3066\u3044\u308b\u3068\u5224\u65ad\u3057\u305f\u3002<\/span><\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\">\u30c9\u30a4\u30c4\u3068\u82f1\u56fd\u306e\u56fd\u50b5\u5229\u56de\u308a\u306e\u63a8\u79fb<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.invast.jp\/blogs\/wp-content\/uploads\/2021\/05\/EURGBP2_20210510-1.png\" alt=\"\" class=\"wp-image-68410\" width=\"600\" height=\"400\"\/><figcaption>\u51fa\u6240\uff1a\u30ea\u30d5\u30a3\u30cb\u30c6\u30a3\u30d6\u304b\u3089\u30a8\u30e2\u30ea\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u4f5c\u6210<\/figcaption><\/figure><\/div>\n\n\n\n<p>ECB\u306e\u30e9\u30ac\u30eb\u30c9\u7dcf\u88c1\u306f\u3001ECB\u306e\u4f4e\u91d1\u5229\u7dad\u6301\u306e\u6c7a\u610f\u3092\u8a66\u3059\u304b\u306e\u3088\u3046\u306a\u57df\u5185\u56fd\u50b5\u5229\u56de\u308a\u306e\u4e0a\u6607\u306b\u3064\u3044\u3066\u3001\u300c\u308f\u308c\u308f\u308c\u3092\u597d\u304d\u306a\u3060\u3051\u8a66\u305b\u3070\u3088\u3044\u3002\u308f\u308c\u308f\u308c\u306b\u306f\u73fe\u5728\u3001\u4f7f\u3048\u308b\u7279\u5225\u306a\u30c4\u30fc\u30eb\u304c\u3042\u308b\u3002\u5fc5\u8981\u306b\u5fdc\u3058\u3066\u4f7f\u3063\u3066\u3044\u304f\u300d\u3068\u767a\u8a00\u3057\u3066\u3044\u308b\u3002\u307e\u305f\u30e6\u30fc\u30ed\u570f\u306e\u9577\u671f\u91d1\u5229\u306f2\u6708\u5f8c\u534a\u4ee5\u964d\u9ad8\u6b62\u307e\u308a\u3057\u3066\u3044\u308b\u3053\u3068\u306b\u3064\u3044\u3066\u3001\u300c\u308f\u308c\u308f\u308c\u306b\u306f\u73fe\u6bb5\u968e\u3067\u4f7f\u3048\u308b\u4f8b\u5916\u7684\u306a\u30c4\u30fc\u30eb\u304c\u3042\u308b\u300d\u3068\u5f37\u8abf\u3002\u305d\u306e\u4e0a\u3067\u300c\u5fc5\u8981\u306b\u5fdc\u3058\u3066\u305d\u308c\u3089\u624b\u6bb5\u3092\u8b1b\u3058\u308b\u7528\u610f\u304c\u3042\u308b\u300d\u3068\u3057\u3066\u304a\u308a\u3001<strong><span style=\"background-color:#8ed1fc\" class=\"tadv-background-color\">\u65ad\u56fa\u3068\u3057\u3066\u91d1\u5229\u306e\u4e0a\u6607\u3092\u6291\u5236\u3059\u308b\u3068\u306e\u5f37\u3044\u610f\u5fd7\u3092\u793a\u3057\u3066\u3044\u308b\u3002<\/span><\/strong>\u307e\u305f\u3001<strong><span style=\"background-color:#8ed1fc\" 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