Ilya Spivak

Ilya Spivak

Sr. 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.



Euro May Ignore CPI Data, BOC Might Have Market-Wide Impact

The Euro is likely to ignore revised CPI data. A monetary policy announcement from the Bank of Canada may have broad, market-wide impact.

NZD/USD Technical Analysis: Working on Sixth Week of Gains

The New Zealand Dollar continues to push upward against its US namesake, with prices now seemingly aiming to test the waters above the 0.73 figure.

AUD/USD Technical Analysis: Aussie Dollar Menacing 2017 Peaks

The Australian Dollar has advanced to the highest level in four months against its US counterpart, with buyers seemingly poised to force a test of last year’s peak.

Crude Oil Prices May Struggle if EIA Report Hints at US Output Gains

Crude oil prices may struggle to build higher despite a supportive risk appetite environment if an EIA report on drilling productivity points to swelling US output.

EUR/USD Technical Analysis: Ready to Test Above 1.24 Figure?

The Euro has soared to the highest level in over three years against the US Dollar, with a break past yet another layer of chart resistance hinting the move upward will continue.

Pound May Rise on UK CPI as Global Yield Reach Hurts US Dollar

The British Pound may rise as upbeat UK CPI data stokes BOE interest rate speculation. The US Dollar may keep falling as markets reach for yield beyond the Fed.

Gold Prices Echo US Dollar Weakness, Crude Oil Gains with Stocks

Gold prices rose as the US Dollar conspicuously failed to capitalize on a pickup in local core inflation while crude oil prices enjoyed a pickup in risk appetite, rising alongside stocks.

Australian, New Zealand Dollars Buoyed by Rate Hike Speculation

The Australian and New Zealand Dollars returned to the offensive Monday, seemingly buoyed by swelling regional interest rate hike speculation.

Weekly Trading Forecast: Markets Chase Rate Hikes Outside the US

Financial markets are chasing nascent monetary policy turns outside the US. Rate hike prospects in Canada, Australia and the UK take top billing in the week ahead.

US Dollar at the Mercy of External Monetary Policy Trends

The US Dollar is at the mercy of changes in external monetary policy trends, with investors eager to capitalize when other central banks follow the Fed’s lead.

Crude Oil Prices Succumb to Profit-Taking, Gold Eyes US Data

Crude oil prices seemed to succumb to profit-taking after the international Brent benchmark hit $70/barrel. Gold prices may rise on soft US inflation and retail sales data.

AUD/USD Technical Analysis: Topping Clues Emerge Near 0.79

The Australian Dollarrose to the highest level in over three months against its US counterpart but chart positioning warns that a turn lower may be ahead.

US Dollar May Fall as CPI, Retail Sales Data Cool Fed Hike Bets

The US Dollar may continue to trade broadly lower as soft consumer inflation and retail sales statistics cool bets on a Fed interest rate hike in the first quarter.

NZD/USD Technical Analysis: False Breakout Below 0.73 Figure?

The New Zealand Dollar appears poised to continue building higher against its US namesake after breaking resistance capping prices since late July 2017.

Gold Prices Touch 4-Month High on Rumor China Souring on US Debt

Gold prices shot up to touch a four-month high after officials from China were said to be viewing US Treasury bonds as less attractive.

Euro May Fall as ECB Meeting Minutes Cool Bets on QE Cutback

The Euro may trade broadly lower as ECB monetary policy meeting minutes suggest the central bank is in no hurry to dial back QE asset purchases.

Crude Oil Prices Soared on API Inventory Data, EIA Equivalent Ahead

Crude oil prices soared after API reported that inventories shed a massive 11.2 million barrels last week. More of the same may be ahead if the draw is confirmed in official EIA data.

Yen Extends Rally But Follow-Through Prospects Seem Limited

The Japanese Yen has managed to build on yesterday’s BOJ-inspired surge but the currency might struggle to maintain lasting upside follow-through.

EUR/GBP Technical Analysis: 3-Month Range Floor Support Exposed

The Euro looks vulnerable to deeper losses after suffering the worst two days in over a month against the British Pound.

Gold Price Chart Hints at Topping as Crude Oil Eyes API, EIA Reports

Gold prices may turn lower if emerging technical clues play out. Meanwhile, crude oil prices are looking to API and EIA reports to assess supply chain dynamics.