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.



AUD/USD Technical Analysis: A Triple Top in the Works?

The Australian Dollarput in a Bearish Engulfing candlestick pattern, hinting prices may have topped below 0.78 figure against the US Dollar once again.

US Dollar May Fall Further on Cautious Fed Commentary

The US Dollar may fall further having hit a two-month low as cautious comments from the Fed’s Janet Yellen and Neel Kashkari pour cold water on rate hike bets.

Gold Prices May Extend Advance as Yellen, Kashkari Speak

Gold prices may continue to build on the longest winning streak in two months following speeches from the Federal Reserve’s Janet Yellen and Neel Kashkari.

Crude Oil Prices May Break 7-Month Uptrend on Inventory Swell

Crude oil prices may find fuel to break support guiding the uptrend since early August 2016 if official EIA inventory data shows a larger build than economists expect.

Yen May Extend Gains as Risk Aversion Sweeps the Markets

The Japanese Yen may build on Asia-session gains as risk aversion continues to sweep financial markets in European and North American trade.

Euro Leads Regional Currencies Higher After Macron Debate Win

The Euro led a broad-based rally in European currencies after a poll showed that centrist candidate Emmanuel Macron won the first French presidential debate.

Gold Prices Look to Fed Commentary for Direction Cues

Gold prices have enjoyed the longest winning streak in two months but the advance may stall as hawkish comments from Federal Reserve officials cross the wires.

US Dollar Looks to Fed Commentary for a Lifeline

The US Dollar is looking for a lifeline in comments from Fed officials as prices remain pressured by the outcome of last week’s FOMC rate decision.

Crude Oil Prices May Fall as Markets Sour After Mnuchin G20 Debut

Crude oil prices may decline as worries about protectionism after US Treasury Secretary Mnuchin’s debut at the G20 over the weekend sour the markets’ mood.

Weekly Trading Forecast: All Eyes Remain on the Federal Reserve

Financial markets are likely to remain fixated on US monetary policy as a lull in top-tier data puts the spotlight on a busy Fed-speak calendar in the week ahead.

US Dollar May Recover as Fed Speeches Reiterate Rate Hike Intent

The US Dollar may recover after suffering its largest weekly loss in nearly five months as Fed officials reiterate their intention to continue raising rates this year.

EUR/GBP Technical Analysis: Euro Rally Stalls at 2-Month High

The Euro put in a bearish Dark Cloud Cover candlestick pattern after hitting a two-month high against the British Pound, hinting a move lower may be ahead.

NZD/USD Technical Analysis: Down Trend Intact After Surge

The New Zealand Dollar enjoyed its biggest advance in two months as its US counterpart slumped following the FOMC monetary policy announcement (as expected).

Yen May Rebound as G20 Finance Ministers Gather in Germany

The Japanese Yen may rebound amid risk aversion if US Treasury Secretary Mnuchin echoes President Trump’s combative rhetoric at a G20 meeting in Germany.

Gold Prices May Edge Down as Markets Digest FOMC Rate Decision

Gold prices may turn lower as financial markets continue to digest volatility triggered in the aftermath of the Federal Reserve monetary policy announcement.

AUD/USD Technical Analysis: Sharp Gains Seem Corrective

The Australian Dollarposted the largest daily gain in nine months as its US counterpart slumped following the FOMC monetary policy announcement (as expected).

EUR/USD Technical Analysis: Eyeing Ten-Month Trend Resistance

The Euro soared against the US Dollar following the FOMC monetary policy announcement (as expected), rising to the highest level in five weeks.

Crude Oil Price Gains Timid Despite Supportive News-Flow

Crude oil prices limped cautiously higher but gains seemed surprisingly timid considering the steady stream of supportive news flow, hinting at significant underlying weakness.

Pound, Franc Fireworks Unlikely on BOE and SNB Rate Decisions

The British Pound and the Swiss Franc are unlikely to find meaningful volatility in status-quo BOE and SNB monetary policy announcements.

US Dollar May Fall as Fed Offers Little Beyond Expected Rate Hike

The US Dollar may decline as the Fed offers little besides a widely expected and almost certainly priced in rate hike to feed hawkish speculation.