Ilya Spivak

Currency Strategist

Fundamental analysis, economic and market themes
Ilya Spivak is a Currency Strategist for DailyFX, where he applies a top-down, global macro approach to longer-term investing in the G10 currencies. Ilya has headlined seminars on FX trading around the world and his research is regularly cited in leading publications including the Wall Street Journal, MarketWatch, CNN Money and Reuters. He holds degrees in Economics and International Relations from the University of California.



Weekly Trading Forecast: Systemic Changes Afoot for Risk, EURUSD, USDJPY?

Though still early yet, there have been some remarkable change in trend recently. Dollar is in retreat with the S&P 500 starting to slip. The Yen has surged while Gold has hit 15-month highs. Is ...

Australian Dollar Volatility to Continue on RBA, US Jobs Data

The Australian Dollar looks set for another week of breakneck volatility as another round of high-profile event risk comes across the wires.

EUR/USD Technical Analysis: Near-Term Down Trend at Risk

The Euro is poised to break the near-term down trend established from mid-April highs as prices work to secure a fifth consecutive daily gain.

NZD/USD Technical Analysis: Top Below 0.71 Intact for Now

The New Zealand Dollar launched aggressively higher against its US counterpart, issuing the largest daily advance in nearly three months.

AUD/USD Technical Analysis: Selloff Stalls at Key Support

The Australian Dollar has found interim support at trend support set from early march after falling against its US counterpart as expected.

Yen Hits 18-Month High, US Dollar Seeks Lifeline in PCE Data

The Japanese Yen hit an 18-month high against the US Dollar as the greenback looks for a lifeline in the Fed’s favored PCE measure of inflation.

Euro to Look Past German Data, US Dollar May Rise on Q1 GDP

The Euro is likely to overlook German inflation and jobs data while the US Dollar may rise as first-quarter US GDP data stokes near-term Fed rate hike bets.

AUD/USD Technical Analysis: Monthly Trend Support at Risk

The Australian Dollar turned lower against its US counterpart as expected after putting in a bearish Evening Star candlestick pattern.

USD/CNH Technical Analysis: Volatility Hits 8-Month Low

The US Dollar is in digestion mode against the Chinese Yuan in offshore trade after prices advanced to the highest level in a month.

Pound May Ignore Soft GDP Data, US Dollar Aims Higher on FOMC

The British Pound may overlook soft UK GDP figures while the US Dollar gains as the Federal Reserve boosts speculation about an interest rate hike in June.

NZD/USD Technical Analysis: Short Position Re-established

The New Zealand Dollar attempted to recover after finding interim support at a weekly low above the 0.68 figure against its US counterpart.

Australian Dollar Swoons as Soft CPI Boosts RBA Rate Cut Bets

The Australian Dollar swooned after first-quarter CPI data disappointed economists’ expectations (as expected), fueling RBA rate cut speculation.

EUR/USD Technical Analysis: Short Trade Hits First Target

The Euro is attempting to claw its way higher after finding support above the 1.12 figure having hit a one-month low against the US Dollar.

Earnings in Focus as FX Markets Look to Risk Trends for Guidance

A busy day of first-quarter corporate earnings reports are in focus as currency markets look to broad-based risk sentiment trends for direction cues.

Japanese Yen Rebounds After Suffering Largest Drop in 18 Months

The Japanese Yen outperformed in overnight trade as prices attempted a recovery after suffering the largest one-day drop in 18 months last week.

EUR/GBP Technical Analysis: Looking to Sell at 0.78 Figure

The Euro accelerated lower against the British Pound, putting in the largest daily loss in six months and exposing the 0.77 figure.

NZD/USD Technical Analysis: Short Trade Triggered Above 0.68

The New Zealand Dollar moved lower against its US counterpart as expected after putting in a bearish Dark Cloud Cover candlestick pattern.

Weekly Trading Forecast: Fed Decision, BoJ Intervention, 1Q GDP Top Event Risk

The week ahead is the antithesis of what we leave behind. The docket is stocked with major market movers - event risk that can do much more than generate a little volatility.

Aussie Dollar Eyes Volatile Week on CPI, FOMC and Earnings Flow

The Australian Dollar looks ahead to a volatile week as CPI data shapes RBA policy bets while the FOMC policy announcement and Q1 earnings outcomes drive risk sentiment.

AUD/USD Technical Analysis: Candle Setup Hints at Topping

The Australian Dollar stalled after rising to the highest level in ten months against its US namesake, with prices edging lower to lose their grip on the 0.78 figure.

Free Demo Account Free Trading Guides
Real Time News Open FXCM Account
Trading Signals Live Webinars