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.



Gold and Crude Oil Prices Buoyed By McMaster, Bolton Switch

Gold and crude oil prices rallied for all the wrong reasons as the replacement of H.R. McMaster with John Bolton at the White House stoked geopolitical fears.

AUD/USD Technical Analysis: Two-Year Uptrend Threatened

Sellers are pressuring the Australian Dollar toward trend-defining support that has guided the currency higher against its US counterpart for over two years.

NZD/USD Technical Analysis: NZ Dollar Trend Points Downward

The New Zealand Dollar rebounded against its US counterpart after meeting chart support but the dominant trajectory continues to favor weakness.

Crude Oil Prices May Retreat as Trump China Tariffs Sour Sentiment

Crude oil prices may retreat following a Fed-assisted rally to two-month highs if the Trump administration’s tariffs against China sour market sentiment.

British Pound Looks to BOE Vote Tally for Rate Hike Signal

The British Pound is looking to the voting pattern at today’s Bank of England policy meeting to set the stage for a rate hike next month.

Canadian Dollar Up on NAFTA Hopes, NZ Dollar Down Before RBNZ

The Canadian Dollar rose amid hopes for a breakthrough in NAFTA renegotiation. Its New Zealand namesake fell ahead of the RBNZ rate decision.

Gold Prices at Risk as Range Floor Breaks Before Fed Policy Call

Gold prices broke range support in play since the beginning of the year before a much-anticipated Fed rate decision, hinting at deeper losses ahead.

EUR/USD Technical Analysis: Euro Aiming Below 1.22 Anew

The Euro appears to be vulnerable to deeper losses against the US Dollar after a break below near-term chart support opened the way below the 1.22 figure.

Crude Oil Prices Shrug Off Saudi Export Surge, API Data Up Next

Crude oil prices managed to hold up despite data showing Saudi exports hit a 10-month high. API inventories data is next to their resilience.

Pound Eyes UK CPI Data, G20 Rancor May Stoke Trade War Jitters

The British Pound may rise if UK CPI data tops expectations. Rancor at the G20 meeting might stoke trade war jitters and sour sentiment.

EUR/GBP Technical Analysis: Euro Vulnerable After Channel Break

The Euro looks vulnerable to deeper losses against the British Pound having broken support guiding the near-term trend higher since early January.

Yen May Continue Higher as G20 Meeting Stokes Trade War Jitters

The Japanese Yen may continue to build higher as G20 finance ministers spar over the latest hike in US tariffs, stoking global trade war jitters.

Gold Prices Pressure Range Floor as Fed Rate Decision Looms Ahead

Gold prices are pressuring range support as markets brace for a Fed monetary policy announcement that might mark acceleration in the pace of interest rate hikes.

Weekly Trading Forecast: All Eyes on Fed Policy Announcement

A much-anticipated monetary policy announcement from the Federal Reserve will shape price action across financial markets in the week ahead.

US Dollar on Offensive Before Fed Rate Decision. Will it Last?

The US Dollar is on the offensive as traders brace for what could be a major hawkish policy pivot at the Federal Reserve. Will Jerome Powell and company deliver?

Crude Oil Prices Conflicted, Gold Prices Challenge Key Support

Crude oil prices are torn as markets weigh conflicting forces. Gold prices are pressuring critical range support before a much-anticipated Fed monetary policy decision.

Yen May Extend Gains as Aussie, NZ Dollars Fall in Dour Markets

The Yen may continue higher while the Aussie and Kiwi Dollars fall as financial markets’ foul mood in Asia Pacific trade extends into European and US hours.

NZD/USD Technical Analysis: Sellers Aim at Support Below 0.72

The New Zealand Dollar looks vulnerable to deeper losses against its US counterpart after breaking support guiding a corrective upswing from March lows.

Gold Prices Torn Between Opposing Forces, Crude Oil Eyeing IEA

Gold prices are torn between conflicting forces while crude oil is eyeing a monthly IEA report with interest after a blockbuster set of US inventory flow figures.

EUR/USD Technical Analysis: Euro Bounce Capped at Trend Line

A nascent Euro recovery was cut off at trend line resistance following dovish comments from ECB President Draghi. Bearish resumption may now be in the cards.