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.



EUR/GBP Technical Analysis: Taking Aim Below 0.85 Figure

The Euro looks to be resuming the down move begun against the British Pound in October after a corrective recovery from early-December lows.

Crude Oil Prices Look to API Inventory Data to Break Deadlock

Crude oil prices are caught between conflicting forces as a weakened US Dollar and OPEC news-flow compete for influence. API inventories data may break the deadlock.

Pound May Extend Drop if UK Court Prolongs Brexit Timeline

The British Pound fell amid worries about a looming UK Supreme Court decision on Parliament’s role in triggering Brexit. It may fall further.

Webinar: Markets Flee From Trump Trade After Inauguration

The US Dollar is under pressure, gold prices are edging up and risk appetite has soured as traders scale back exposure to the so-called "Trump trade" after last week's inauguration.

Gold Prices Rise Amid Lingering US Fiscal Policy Uncertainty

Gold prices rose as lingering uncertainty about the direction of US fiscal policy encouraged renewed unwinding of the so-called “Trump trade”.

Yen Soars, US Dollar Sinks as Trump Trade Unwind Resumes

The anti-risk Japanese Yen soared and the US Dollar sank as the unwinding of the “Trump trade” resumed after the new US President’s inauguration.

Weekly Trading Forecast: All Eyes on Murky US Fiscal Policy

Donald Trump has ascended to the US presidency but investors are no more certain about on-coming fiscal policy, leaving markets vulnerable to headline-driven kneejerk volatility.

US Dollar at Risk as Traders Cut Exposure Amid Information Vacuum

The US Dollar may decline for a third straight week as lingering fiscal policy uncertainty encourages investors to scale back net-long exposure.

US Dollar Edges Up as Donald Trump Prepares to Take Office

The US Dollar edged up alongside Treasury bond yields as all eyes turned to the inauguration of Donald Trump as the 45th President of the United States.

Gold, Crude Oil Prices Mark Time Before Trump Inauguration

Gold and crude oil prices are marking time in the final hours of the trading week as the inauguration of Donald Trump as President of the US dominates the spotlight.

USD/CAD Strategy: Buyers Take Aim Above 1.34 Figure

The US Dollar looks to be resuming the long-term uptrend against Canadian counterpart after putting in the largest daily advance in seven months.

NZD/USD Technical Analysis: Downturn Confirmation Sought

The New Zealand Dollar put in a bearish Dark Cloud Cover candlestick pattern below familiar resistance above the 0.72 figure, hinting a downward reversal may be ahead.

AUD/USD Technical Analysis: Long-Term Down Trend Resuming?

The Australian Dollar put in a bearish Dark Cloud Cover candlestick pattern, hinting prices may be readying to turn lower after finding resistance below the 0.76 mark.

EUR/USD Technical Analysis: Euro Reveals Signs of Topping

The Euro turned sharply lower against the US Dollar, with prices putting in a bearish Dark Cloud Cover candlestick pattern to hint that a top may be taking shape.

Euro May Not Find Lasting Lead in Status-Quo ECB Announcement

The Euro is unlikely to find follow-through beyond kneejerk volatility in an ECB monetary policy announcement that hews closely to the status quo.

Crude Oil Prices Drop as IEA Stokes Bets on Swing Supply Boost

Crude oil prices tumbled as the IEA stoked bets that swing producers will boost supplies in the second half of 2017, just as OPEC’s production cut accord expires.

GBP/USD Looks Past Soft UK House Price Survey, Focused on Brexit

The British Pound looked beyond a soft survey of UK house prices from RICS as prices digested Brexit-related volatility seen earlier in the week.

AUD/USD Technical Analysis: Aussie Hits Two-Month High

The Australian Dollar continues to push upward against its US counterpart, with prices extending to levels unseen in two months and poised to continue higher.

EUR/GBP Technical Analysis: Euro Drops Most in 6 Months

The Euro suffered the largest daily loss in six months against the British Pound but the boundaries of the upswing from December lows remain intact.

EUR/USD Technical Analysis: Aiming to Test Above 1.08

The Euro may now be aiming to test the waters above the 1.08 figure after prices rallied to the highest level in six weeksagainst the US Dollar.