Ilya Spivak

Ilya Spivak

Sr. Currency Strategist

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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: Liquidity Fills Back Out to US GDP, BOJ and BOC Rate Decisions

In the week ahead, the return from holiday will test traders focus on critical events like US earnings, BOJ and BOC rate decisions and 1Q US GDP among other high level event risk.

US Dollar May Rise on Haven Flows as Markets Turn Defensive

The US Dollar may rise, buoyed by haven-seeking capital flows as financial markets bombarded with evidence of slowing global growth unwind exposure to risky assets.

Gold Prices Aiming Lower After Chart Support Break

Gold prices are aiming lower after breaking chart support to complete a bearish Head and Shoulders topping pattern. Crude oil prices are struggling below $65/bbl.

AUD/USD Technical Analysis: Aiming to Test Below 0.71 Figure?

The Australian Dollar looks likely to test support below the 0.71 figure, starting a process that may lead to the resumption of the long-term downtrend against its US counterpart.

Euro and Stocks May Fall on Gloomy Data, Italy Instability Fears

The Euro may fall with stocks while the Yen gains as economic data flow fails allay global slowdown fears and worries about political instability in Italy resurface.

Crude Oil Price May Recoil at Chart Barrier as Market Mood Sours

Crude oil prices may recoil downward after stalling at chart resistance as a defensive tone prevails across global financial markets, weighing on sentiment-geared assets.

EUR/USD Technical Analysis: Euro Downtrend Expected to Resume

The Euro is expected to resume the dominant downward trend against the US Dollar after retesting resistance guiding prices lower since September 2018.

Will Global Growth Rebound if the US-China Trade War Ends?

Ending the US-China trade war may not reverse a 16-month slowdown in global economic activity. The Yen and US Dollar may rise as market mood sours.

Gold Price Chart Points to Losses After Major Top is Formed

Gold prices appear vulnerable to deeper losses as technical positioning reveals the completion of major topping pattern.

NZD/USD Technical Analysis: Down Trend Resumption at Hand?

The New Zealand Dollar may be ready to resume the dominant downtrend against its US counterpart having plunged following disappointing local CPI data.

US Dollar May Rise on Growth Angst. S&P 500 Earnings to Fall?

The US Dollar may rise on haven demand amid worries about slowing global economic growth. Early results show earnings for S&P 500 companies are on pace to fall.

Crude Oil Prices May Fall Amid Fears of Slowing Global Growth

Crude oil prices may fall as a diverse array of economic releases stokes worries about a broad-based slowdown in global economic growth.

Weekly Trading Forecast: Will Risk Trends Carry Dow to Record and Restore Yen Crosses?

The favorable trends in risk appetite robust enough to restore a genuine phase of risk appetite or is this simply another bout of temporary respite from reality?

Goldman Sachs, Citigroup Earnings Eyed as S&P 500 Flashes Warning

Markets are focused on first-quarter earnings reports form Goldman Sachs and Citigroup as S&P 500 technical positioning warns that a top is in the making.

Gold Prices Inch Closer to Confirming Top, US Bank Earnings Eyed

Gold price are inching closer to confirming a large technical topping pattern and triggering trend reversal. Earnings reports from Goldman Sachs and Citigroup are due.

Weekly Trading Forecast: Will Risk Trends Carry Dow to Record and Restore Yen Crosses?

The favorable trends in risk appetite robust enough to restore a genuine phase of risk appetite or is this simply another bout of temporary respite from reality?

US Dollar Looks to Earnings, Economic Data to Shape Growth Bets

The US Dollar will be looking to first-quarter corporate earnings reports and a slew of macroeconomic data releases to shape global growth bets amid fears of slowdown.

Yen May Rebound as US Banks Report First-Quarter Results

The anti-risk Japanese Yen may return to the offensive as US banks JPMorgan and Wells Fargo report first-quarter results, highlighting a slowdown in global growth.

US Dollar Rise Sinks Crude Oil, Gold Prices - Bank Earnings Due

Crude oil and gold prices fell as the US Dollar rallied in the wake of March FOMC meeting minutes. First-quarter earnings reports from US banks are now in focus.

Yen May Gain as S&P 500 Turns Lower with Growth Fears in Focus

The anti-risk Japanese Yen may rise alongside the US Dollar while the bellwether S&P 500 stock index falls with global slowdown fears in focus for financial markets.