{"id":17705,"date":"2021-11-29T20:01:00","date_gmt":"2021-11-29T11:01:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=17705"},"modified":"2021-11-29T17:14:05","modified_gmt":"2021-11-29T08:14:05","slug":"%e9%81%8e%e5%8e%bb5%e5%b9%b4%e3%81%a7%e8%b2%a1%e6%94%bf%e9%bb%92%e5%ad%97%e3%81%ae%e3%82%b9%e3%82%a4%e3%82%b9%e3%80%81%e9%80%9a%e8%b2%a8%e4%b8%8a%e6%98%87%e3%81%a7%e4%b8%ad%e9%8a%80%e3%81%8c%e7%82%ba","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/17705","title":{"rendered":"\u904e\u53bb5\u5e74\u3067\u8ca1\u653f\u9ed2\u5b57\u306e\u30b9\u30a4\u30b9\u3001\u901a\u8ca8\u4e0a\u6607\u3067\u4e2d\u9280\u304c\u70ba\u66ff\u4ecb\u5165\u3092\u8b66\u544a"},"content":{"rendered":"\n<p>\u3053\u3053\u3067\u306f\u4f55\u5ea6\u304b\u30b9\u30a4\u30b9\u3068\u305d\u306e\u901a\u8ca8\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u306b\u3064\u3044\u3066\u53d6\u308a\u4e0a\u3052\u3066\u3044\u308b\u3002\u8ca1\u653f\u8d64\u5b57\u3092\u5782\u308c\u6d41\u3057\u306a\u304c\u3089\u73fe\u91d1\u7d66\u4ed8\u3092\u884c\u306a\u3063\u305f\u30a2\u30e1\u30ea\u30ab\u3067\u7269\u4fa1\u9ad8\u9a30\u304c\u6b62\u307e\u3089\u306a\u304f\u306a\u308a\u3064\u3064\u3042\u308a\u3001\u8131\u70ad\u7d20\u306b\u3088\u308b\u30a8\u30cd\u30eb\u30ae\u30fc\u4fa1\u683c\u9ad8\u9a30\u3067\u3082\u91d1\u878d\u7de9\u548c\u3092\u6b62\u3081\u306a\u3044\u30e6\u30fc\u30ed\u304c\u4e0b\u843d\u3057\u3066\u3044\u308b\u4e2d\u3001\u91d1\u878d\u5e02\u5834\u3067\u306f\u6bd4\u8f03\u7684\u307e\u3068\u3082\u306a\u8ca1\u653f\u3092\u7d9a\u3051\u3066\u304d\u305f\u30b9\u30a4\u30b9\u306b\u811a\u5149\u304c\u5f53\u305f\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u8ca1\u653f\u5805\u7262\u306a\u30b9\u30a4\u30b9<\/strong><\/p>\n\n\n\n<p>\u6b27\u7c73\u3068\u4e00\u53e3\u306b\u8a00\u3063\u3066\u3082\u56fd\u306b\u3088\u3063\u3066\u5168\u7136\u9055\u3046\u3068\u3044\u3046\u3053\u3068\u3060\u3002\u30a2\u30e1\u30ea\u30ab\u3068\u30e8\u30fc\u30ed\u30c3\u30d1\u306e\u72b6\u6cc1\u306f\u3053\u308c\u307e\u3067\u66f8\u3044\u3066\u304d\u305f\u901a\u308a\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/17215\" data-type=\"post\" data-id=\"17215\">\u30b5\u30de\u30fc\u30ba\u6c0f: \u4e2d\u592e\u9280\u884c\u306e\u7518\u3055\u304c\u30a4\u30f3\u30d5\u30ec\u3092\u52a0\u901f\u3055\u305b\u308b<\/a><\/li><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/16442\" data-type=\"post\" data-id=\"16442\">\u30b5\u30de\u30fc\u30ba\u6c0f: \u30a8\u30cd\u30eb\u30ae\u30fc\u4fa1\u683c\u3092\u9ad8\u9a30\u3055\u305b\u308b\u8131\u70ad\u7d20\u653f\u7b56\u306f\u5065\u5168\u3067\u306f\u306a\u3044<\/a><\/li><\/ul>\n\n\n\n<p>\u7279\u306b\u81ea\u56fd\u901a\u8ca8\u30c9\u30eb\u304c\u57fa\u8ef8\u901a\u8ca8\u3067\u3042\u308b\u305f\u3081\u3001\u3069\u308c\u3060\u3051\u501f\u91d1\u3092\u3057\u3066\u3082\u306a\u304b\u306a\u304b\u901a\u8ca8\u304c\u4e0b\u843d\u3057\u306a\u3044\u30a2\u30e1\u30ea\u30ab\u306f\u3001\u9060\u616e\u306a\u304f\u53cc\u5b50\u306e\u8d64\u5b57\uff08\u8ca1\u653f\u8d64\u5b57\u3068\u7d4c\u5e38\u8d64\u5b57\uff09\u3092\u5782\u308c\u6d41\u3057\u7d9a\u3051\u305f\u3002\u30a4\u30f3\u30d5\u30ec\u306f\u306a\u304b\u306a\u304b\u6765\u306a\u304b\u3063\u305f\u304c\u3001\u3064\u3044\u306b\u73fe\u308c\u3001\u305d\u3057\u3066\u6b62\u307e\u3089\u306a\u304f\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u3057\u30b9\u30a4\u30b9\u306f\u9055\u3063\u305f\u3002\u30b3\u30ed\u30ca\u524d\u306e2019\u5e74\u307e\u3067\u306f\u9577\u3089\u304f\u8ca1\u653f\u9ed2\u5b57\u3092\u7a4d\u307f\u4e0a\u3052\u30012020\u5e74\u306b\u306f\u6d41\u77f3\u306b\u30b3\u30ed\u30ca\u3067\u8ca1\u653f\u8d64\u5473\u306b\u306a\u3063\u305f\u304c\u30012020\u5e74\u307e\u3067\u306e5\u5e74\u9593\u306e\u8ca1\u653f\u53ce\u652f\u306f\u9ed2\u5b57\u3067\u3042\u308b\u30022021\u5e74\u3082\u8d64\u5b57\u306b\u306a\u308a\u305d\u3046\u3060\u304c\u3001\u30b9\u30a4\u30b9\u653f\u5e9c\u306f2022\u5e74\u306b\u306f\u8ca1\u653f\u304c\u518d\u3073\u9ed2\u5b57\u306b\u306a\u308b\u3053\u3068\u3092\u4e88\u60f3\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u666e\u6bb5\u306f\u9ed2\u5b57\u3092\u7a4d\u307f\u4e0a\u3052\u3001\u5371\u6a5f\u306b\u306a\u3063\u305f\u6642\u306b\u305d\u308c\u3092\u4f7f\u3046\u3002\u305d\u308c\u304c\u30b9\u30a4\u30b9\u653f\u5e9c\u3068\u305d\u308c\u3092\u652f\u6301\u3059\u308b\u30b9\u30a4\u30b9\u4eba\u306e\u65b9\u91dd\u3067\u3042\u308b\u3002\u8d64\u5b57\u3092\u5782\u308c\u6d41\u3057\u3066\u3067\u3082\u7968\u7530\u306b\u91d1\u3092\u3070\u3089\u6492\u304d\u305f\u3044\u653f\u6cbb\u5bb6\u305f\u3061\u3068\u3001\u305d\u3046\u3057\u305f\u653f\u6cbb\u5bb6\u3092\u652f\u6301\u3057\u305f\u611a\u304b\u306a\u6709\u6a29\u8005\u306e\u304a\u9670\u3067\u3001\u3053\u3046\u3057\u305f\u666e\u901a\u306e\u3053\u3068\u304c\u73cd\u3057\u304f\u306a\u3063\u3066\u3057\u307e\u3063\u305f\u3002<\/p>\n\n\n\n<p><strong>\u91d1\u878d\u5e02\u5834\u306e\u5fa9\u8b90<\/strong><\/p>\n\n\n\n<p>\u3057\u304b\u3057\u91d1\u878d\u5e02\u5834\u306f\u305d\u3046\u3057\u305f\u4eba\u3005\u306b\u5bfe\u3057\u3066\u5bb9\u8d66\u304c\u306a\u3044\u3002\u3082\u306f\u3084\u30ea\u30d5\u30ec\u3068\u3044\u3046\u8a00\u8449\u3082\u6b7b\u8a9e\u306b\u306a\u308a\u3064\u3064\u3042\u308b\u304c\u3001\u7d19\u5e63\u5370\u5237\u306f\u6700\u7d42\u7684\u306b\u7269\u4fa1\u9ad8\u9a30\u3092\u3082\u305f\u3089\u3057\u3001\u305d\u306e\u56fd\u306e\u901a\u8ca8\u3092\u66b4\u843d\u3055\u305b\u308b\u3002\u4e00\u65b9\u3067\u5065\u5168\u306a\u8ca1\u653f\u3092\u6301\u3064\u56fd\u306e\u901a\u8ca8\u306f\u76f8\u5bfe\u7684\u306b\u4e0a\u6607\u3059\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u3067\u306f\u30b9\u30a4\u30b9\u306e\u901a\u8ca8\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u306e\u52d5\u5411\u304c\u3069\u3046\u306a\u3063\u3066\u3044\u308b\u306e\u304b\u3068\u8a00\u3048\u3070\u3001\u6b21\u306e\u3088\u3046\u306b\u306a\u3063\u3066\u3044\u308b\u3002\u4ee5\u4e0b\u306f\u30e6\u30fc\u30ed\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u306e\u30c1\u30e3\u30fc\u30c8\u3067\u3001\u4e0b\u65b9\u5411\u304c\u30e6\u30fc\u30ed\u5b89\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u9ad8\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/11\/2021-11-29-eurchf-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"408\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/11\/2021-11-29-eurchf-chart.png\" alt=\"\" class=\"wp-image-17728\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/11\/2021-11-29-eurchf-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/11\/2021-11-29-eurchf-chart-300x198.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u4f55\u6545\u30e6\u30fc\u30ed\u3068\u6bd4\u3079\u305f\u304b\u3068\u8a00\u3048\u3070\u3001\u30e6\u30fc\u30ed\u570f\u306e\u3069\u771f\u3093\u4e2d\u306b\u3042\u308b\u30b9\u30a4\u30b9\u306f\u30e6\u30fc\u30ed\u306e\u52d5\u5411\u306b\u5f71\u97ff\u3055\u308c\u3084\u3059\u304f\u3001\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u81ea\u4f53\u304c\u5805\u7262\u3067\u3082\u30e6\u30fc\u30ed\u304c\u4e0b\u304c\u308c\u3070\u4e0b\u304c\u3063\u3066\u3057\u307e\u3046\u3053\u3068\u304c\u3042\u308b\u304c\u3001\u30e6\u30fc\u30ed\u3068\u306e\u6bd4\u8f03\u3067\u3042\u308c\u3070\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u306e\u5f37\u3055\u304c\u78ba\u8a8d\u3067\u304d\u308b\u304b\u3089\u3067\u3042\u308b\u3002\u3053\u3053\u3067\u306f\u4f55\u5ea6\u3082\u53d6\u308a\u4e0a\u3052\u3066\u3044\u308b\u304c\u3001\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u306e\u4e0a\u6607\u306b\u8ced\u3051\u308b\u306a\u3089\u3070\u30e6\u30fc\u30ed\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u306e\u7a7a\u58f2\u308a\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u4e00\u65b9\u3001\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u306e\u4e0a\u6607\u306f\u5468\u308a\u306e\u30e6\u30fc\u30ed\u570f\u8af8\u56fd\u3068\u306e\u7269\u4fa1\u683c\u5dee\u3092\u5e83\u3052\u3001\u30b9\u30a4\u30b9\u306e\u8f38\u51fa\u696d\u3084\u89b3\u5149\u696d\u306b\u5f71\u97ff\u304c\u51fa\u308b\u3002\u305d\u3053\u3067\u3042\u308b\u7a0b\u5ea6\u306f\u8a31\u5bb9\u3057\u3066\u3044\u305f\u4e2d\u592e\u9280\u884c\u304c\u52d5\u3044\u305f\u3002<\/p>\n\n\n\n<p><strong>\u30b9\u30a4\u30b9\u56fd\u7acb\u9280\u884c\u306e\u4ecb\u5165<\/strong><\/p>\n\n\n\n<p>\u70ba\u66ff\u5e02\u5834\u3067\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u304c\u4e0a\u6607\u3057\u3066\u3044\u308b\u3053\u3068\u3092\u53d7\u3051\u3001\u30b9\u30a4\u30b9\u56fd\u7acb\u9280\u884c\u306e\u30e1\u30af\u30e9\u30fc\u7406\u4e8b\u306f\u6b21\u306e\u3088\u3046\u306b\u767a\u8a00\u3057\u305f\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u5fc5\u8981\u3067\u3042\u308c\u3070\u3044\u3064\u3067\u3082\u70ba\u66ff\u5e02\u5834\u306b\u4ecb\u5165\u3059\u308b\u6e96\u5099\u304c\u3042\u308b\u3002<\/p><p>\u7279\u5b9a\u306e\u70ba\u66ff\u30ec\u30fc\u30c8\u3092\u76ee\u6a19\u306b\u3059\u308b\u308f\u3051\u3067\u306f\u306a\u304f\u3001\u30e6\u30fc\u30ed\u3084\u30c9\u30eb\u306b\u5bfe\u3057\u3066\u3044\u304f\u3089\u307e\u3067\u3068\u5b9a\u3081\u308b\u308f\u3051\u3067\u306f\u306a\u3044\u304c\u3001\u308f\u308c\u308f\u308c\u306f\u70ba\u66ff\u5e02\u5834\u3068\u305d\u306e\u5b9f\u4f53\u7d4c\u6e08\u3078\u306e\u5f71\u97ff\u3092\u975e\u5e38\u306b\u6ce8\u610f\u6df1\u304f\u89b3\u5bdf\u3057\u3066\u3044\u308b\u3002<\/p><\/blockquote>\n\n\n\n<p>\u5373\u5ea7\u306b\u4ecb\u5165\u3059\u308b\u308f\u3051\u3067\u306f\u306a\u3044\u304c\u3001\u3068\u308a\u3042\u3048\u305a\u91d8\u3092\u5dee\u3057\u3066\u304a\u304f\u3068\u3044\u3046\u3053\u3068\u3060\u308d\u3046\u3002\u4e2d\u592e\u9280\u884c\u306e\u4eba\u9593\u3068\u3057\u3066\u666e\u901a\u306e\u767a\u8a00\u306b\u898b\u3048\u308b\u304c\u3001\u3053\u306e\u767a\u8a00\u3092\u805e\u3044\u3066\u30cb\u30e4\u30ea\u3068\u3057\u305f\u8aad\u8005\u306f\u306a\u304b\u306a\u304b\u901a\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30e1\u30af\u30e9\u30fc\u6c0f\u306f\u4f55\u6545\u308f\u3056\u308f\u3056\u300c\u30e6\u30fc\u30ed\u3084\u30c9\u30eb\u306b\u5bfe\u3057\u3066\u76ee\u6a19\u5024\u3092\u5b9a\u3081\u308b\u308f\u3051\u3067\u306f\u306a\u3044\u300d\u3068\u8a00\u3063\u305f\u306e\u304b\uff1f\u3000\u305d\u308c\u306f\u4ee5\u524d\u76ee\u6a19\u3092\u8a2d\u5b9a\u3057\u3066\u75db\u3044\u76ee\u3092\u898b\u3066\u3044\u308b\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/599\" data-type=\"post\" data-id=\"599\">\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u304c1\u65e5\u306730%\u6025\u9a30\u3001\u6b27\u5dde\u76f8\u5834\u3067\u4f55\u304b\u304c\u8d77\u3053\u308b\u524d\u89e6\u308c\u304b (2015\/1\/15)<\/a><\/li><\/ul>\n\n\n\n<p>2015\u5e741\u6708\u3001\u70ba\u66ff\u5e02\u5834\u3067\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u304c\u3044\u304d\u306a\u308a30%\u6025\u9a30\u3057\u305f\u3002\u5f53\u6642\u306e\u30c1\u30e3\u30fc\u30c8\u304c\u3053\u308c\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/11\/2015-swiss-franc-shock-eurchf-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"408\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/11\/2015-swiss-franc-shock-eurchf-chart.png\" alt=\"\" class=\"wp-image-17730\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/11\/2015-swiss-franc-shock-eurchf-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/11\/2015-swiss-franc-shock-eurchf-chart-300x198.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u306a\u304b\u306a\u304b\u898b\u3089\u308c\u306a\u3044\u30c1\u30e3\u30fc\u30c8\u3067\u3042\u308b\u3002\u5f53\u6642\u3001\u30b9\u30a4\u30b9\u56fd\u7acb\u9280\u884c\u306f\u30e6\u30fc\u30ed\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u304c1.2\u4ee5\u4e0b\u306b\u4e0b\u843d\uff08\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u304c\u4e0a\u6607\uff09\u3057\u306a\u3044\u3088\u3046\u4e0b\u9650\u3092\u5132\u3051\u3066\u3044\u305f\u304c\u3001\u3068\u3046\u3068\u3046\u8010\u3048\u3089\u308c\u306a\u304f\u306a\u308a\u7a81\u5982\u4e0b\u9650\u3092\u64a4\u5ec3\u3057\u305f\u306e\u3067\u3042\u308b\u3002\u81ea\u56fd\u901a\u8ca8\u306e\u4e0b\u843d\u304c\u6b62\u307e\u3089\u306a\u3044\u30c8\u30eb\u30b3\u3068\u307e\u3063\u305f\u304f\u9006\u306e\u5c55\u958b\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/17604\" data-type=\"post\" data-id=\"17604\">\u7269\u4fa1\u9ad8\u9a30\u3068\u91d1\u878d\u7de9\u548c\u3067\u30c8\u30eb\u30b3\u30ea\u30e9\u304c\u66b4\u843d\u4e2d<\/a><\/li><\/ul>\n\n\n\n<p>\u4e0a\u65b9\u5411\u306b\u3082\u4e0b\u65b9\u5411\u306b\u3082\u70ba\u66ff\u5e02\u5834\u3092\u4eba\u70ba\u7684\u306b\u6b6a\u3081\u7d9a\u3051\u308b\u3053\u3068\u306f\u51fa\u6765\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3060\u3002\u91d1\u878d\u7de9\u548c\u3092\u7d9a\u3051\u308c\u3070\u9577\u671f\u7684\u306b\u306f\u901a\u8ca8\u306f\u5fc5\u305a\u4e0b\u843d\u3059\u308b\u3002\u305d\u308c\u306f\u4e0b\u843d\u3059\u308b\u5074\u306e\u56fd\uff08\u30e6\u30fc\u30ed\u570f\uff09\u306b\u3082\u4e0a\u6607\u3059\u308b\u5074\u306e\u56fd\uff08\u30b9\u30a4\u30b9\uff09\u306b\u3082\u6b62\u3081\u3089\u308c\u306a\u3044\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u3068\u3044\u3046\u3053\u3068\u3067\u3001\u30e1\u30af\u30e9\u30fc\u6c0f\u306e\u767a\u8a00\u306f\u91d8\u306f\u523a\u3057\u3066\u306f\u304a\u304f\u304c\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u30b7\u30e7\u30c3\u30af\u306e\u518d\u6765\u306b\u306a\u308b\u3088\u3046\u306a\u4ecb\u5165\u306f\u51fa\u6765\u306a\u3044\u3068\u3044\u3046\u3001\u30b9\u30a4\u30b9\u56fd\u7acb\u9280\u884c\u306e\u534a\u3070\u8ae6\u3081\u305f\u30e0\u30fc\u30c9\u3092\u8868\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u30e6\u30fc\u30ed\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u306f\u30e6\u30fc\u30ed\u570f\u304c\u7de9\u548c\u3084\u501f\u91d1\u306b\u983c\u308b\u306e\u3092\u6b62\u3081\u3089\u308c\u305a\u3001\u30b9\u30a4\u30b9\u56fd\u6c11\u306e\u91d1\u92ad\u611f\u899a\u304c\u307e\u3068\u3082\u3067\u3042\u308b\u9650\u308a\u9577\u671f\u7684\u306b\u4e0b\u843d\u3057\u7d9a\u3051\u308b\u3002<\/p>\n\n\n\n<p>\u5e02\u5834\u306f\u305f\u307e\u306b\u30e6\u30fc\u30ed\u570f\u304c\u5065\u5168\u306a\u7d4c\u6e08\u6210\u9577\u3092\u5b9f\u73fe\u3067\u304d\u308b\u306e\u3067\u306f\u306a\u3044\u304b\u3068\u3044\u3046\u5e7b\u60f3\u306b\u9a19\u3055\u308c\u3001\u30e6\u30fc\u30ed\u304c\u77ed\u4e2d\u671f\u7684\u306b\u4e0a\u6607\u3059\u308b\u3053\u3068\u304c\u3042\u308b\u3002\u3042\u308b\u3044\u306f\u30b9\u30a4\u30b9\u56fd\u7acb\u9280\u884c\u306e\u4ecb\u5165\u3067\u77ed\u671f\u7684\u306b\u306f\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u304c\u4e0b\u843d\u3059\u308b\u3053\u3068\u3082\u3042\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u3057\u305d\u3046\u3044\u3046\u6642\u306f\u3080\u3057\u308d\u6295\u8cc7\u5bb6\u306b\u306f\u30c1\u30e3\u30f3\u30b9\u3067\u3042\u308b\u3002\u56fd\u6c11\u6027\u306f\u305d\u3046\u7c21\u5358\u306b\u5909\u308f\u308b\u3082\u306e\u3067\u306f\u306a\u3044\u3002\u3060\u304b\u3089\u30e6\u30fc\u30ed\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u306e\u4e0b\u843d\u30c8\u30ec\u30f3\u30c9\u3082\u9577\u671f\u7684\u306b\u306f\u307b\u3068\u3093\u3069\u78ba\u5b9f\u306b\u5909\u308f\u308b\u3053\u3068\u306f\u306a\u3044\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/11\/2021-11-29-eurchf-long-term-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"408\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/11\/2021-11-29-eurchf-long-term-chart.png\" alt=\"\" class=\"wp-image-17743\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/11\/2021-11-29-eurchf-long-term-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/11\/2021-11-29-eurchf-long-term-chart-300x198.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u307e\u305f\u3001\u4eca\u5f8c\u306e\u682a\u4fa1\u66b4\u843d\u3092\u6c17\u306b\u3057\u3066\u3044\u308b\u6295\u8cc7\u5bb6\u306b\u306f\u3001\u30e6\u30fc\u30ed\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u306e\u7a7a\u58f2\u308a\u306f\u30d8\u30c3\u30b8\u306e\u5f79\u5272\u3092\u679c\u305f\u3057\u3066\u304f\u308c\u308b\u3060\u308d\u3046\u3002\u305d\u3046\u3044\u3063\u305f\u610f\u5473\u3067\u3082\u3053\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u306f\u4fbf\u5229\u306a\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/17570\" data-type=\"post\" data-id=\"17570\">\u4e16\u754c\u7684\u30a4\u30f3\u30d5\u30ec\u3067\u682a\u4fa1\u66b4\u843d\u304c\u8d77\u304d\u308b\u306e\u306f\u3044\u3064\u304b<\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\u3053\u3053\u3067\u306f\u4f55\u5ea6\u304b\u30b9\u30a4\u30b9\u3068\u305d\u306e\u901a\u8ca8\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u306b\u3064\u3044\u3066\u53d6\u308a\u4e0a\u3052\u3066\u3044\u308b\u3002\u8ca1\u653f\u8d64\u5b57\u3092\u5782\u308c\u6d41\u3057\u306a\u304c\u3089\u73fe\u91d1\u7d66\u4ed8\u3092\u884c\u306a\u3063\u305f\u30a2\u30e1\u30ea\u30ab\u3067\u7269\u4fa1\u9ad8\u9a30\u304c\u6b62\u307e\u3089\u306a\u304f\u306a\u308a\u3064\u3064\u3042\u308a\u3001\u8131\u70ad\u7d20\u306b\u3088\u308b\u30a8\u30cd\u30eb\u30ae\u30fc\u4fa1\u683c\u9ad8\u9a30\u3067\u3082\u91d1\u878d\u7de9\u548c\u3092\u6b62\u3081\u306a\u3044\u30e6\u30fc\u30ed\u304c\u4e0b\u843d\u3057\u3066 &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/17705\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u904e\u53bb5\u5e74\u3067\u8ca1\u653f\u9ed2\u5b57\u306e\u30b9\u30a4\u30b9\u3001\u901a\u8ca8\u4e0a\u6607\u3067\u4e2d\u9280\u304c\u70ba\u66ff\u4ecb\u5165\u3092\u8b66\u544a<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,160],"tags":[61],"class_list":["post-17705","post","type-post","status-publish","format-standard","hentry","category-foreign-exchange-market","category-chf","tag-swiss-national-bank"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/17705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/comments?post=17705"}],"version-history":[{"count":37,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/17705\/revisions"}],"predecessor-version":[{"id":17746,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/17705\/revisions\/17746"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=17705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=17705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=17705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}