Ilya Spivak

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.



Forex Weekly Forecast: Dollar is the Big Loser until this Changes

Tensions are running high as the S&P 500 hits its worst streak since the heights of the Global Financial Crisis. But all hope is not lost—we’re keeping an eye on these key themes in t...

Australian Dollar at Risk on RBA Outlook, Global Sentiment Trends

The Australian Dollar recoiled sharply higher after hitting a 4-year low but a deteriorating RBA policy outlook and churning sentiment trends may renew selling pressure.

NZD/USD Technical Analysis: Struggling at Key Trend Line

The New Zealand Dollar continues to tread water below pivotal resistance defining the down trend against the currency’s US counterpart sinceearly July 2014.

EUR/GBP Technical Analysis: Euro Rally May Be Fizzling

The Euro spiked to the highest level in 14 months against the British Pound but the push higher stumbled ahead of the 0.79 figure.

EUR/USD Technical Analysis: Pivotal Resistance Pressured

The Euro finds itself at trend-definingtechnical resistance after rising to the highest level in four months against the US Dollar.

Euro May Fall vs. US Dollar as Data Renews Disparate Policy Bets

The Euro may fall against the US Dollar as economic data flow brings the monetary policy divergence between the Fed and the ECB back to the forefront.

US Dollar May Find a Lifeline on Day Two of Yellen Testimony

The US Dollar may find a lifeline if Fed Chair Yellen opts to push back more overtly against the markets’ dovish policy view in the second day of Congressional testimony.

Will Yellen Brave Volatility to Bring Financial Markets to Heel?

Fed Chair Yellen will have to be forceful in her rhetoric if she intends to prepare markets for more rate hikes in 2016, braving the subsequent breakout of risk aversion.

Yen May Recoil from 15-Month High on Yellen Pre-Positioning

The Japanese Yen may reverse lower after hitting a 15-month high overnight as risk appetite recovers amid pre-positioning for testimony from Fed Chair Janet Yellen.

EUR/GBP Technical Analysis: Euro Gains Most in 13 Months

The Euro looks poised to continue higher against the British Pound after prices issued the strongest daily close in 13 months and set a new 2016 high.

USD/CNH Technical Analysis: Yuan Aims to Extend Rebound

The US Dollar is digesting losses in a narrow range after dropping to the lowest level in over a month against the Chinese Yuan in offshore trade.

US Dollar Rebound Seeks Fuel From Yellen Comments

The US Dollar is looking to Congressional testimony from Fed Chair Janet Yellen for fuel to power a recovery launched after the release of January's payrolls data.

Aussie Dollar Gains, Yen Drops as Market Sentiment Recovers

The Australian Dollar traded higher while the Japanese Yen declined as market-wide risk appetite recovered having been bruised after last week’s US employment data.

NZD/USD Technical Analysis: Rejected at Critical Resistance

The New Zealand Dollar recoiled from resistance capping gains against its US namesake since early July 2014, producing the largest one-day drop in five months.

AUD/USD Technical Analysis: Aussie Drops Most in Six Months

The Australian Dollar plunged following the release of January’s US employment data, issuing the largest daily drop in six months against its US namesake.

Weekly Trading Forecast: Will We See More of Last Week’s Exceptional FX and Commodity Volatility?

The Dollar suffered one of its most abrupt swoons in years until NFPs stabilized the currency. Oil and gold meanwhile generated remarkable volatility and tentative stabs at trends. Will we see more o...

Australian Dollar Down Trend May Resume on Yellen Testimony

The Australian Dollar may resume its long-term down trend after rebounding to a monthly high last week as testimony from Fed Chair Yellen reboots US rate hike speculation.

NZD/USD Technical Analysis: 19-Month Resistance Under Fire

The New Zealand Dollar finds itself at trend-setting resistance that has capped gains versus the currency’s US counterpart since early July 2014.

AUD/USD Technical Analysis: Trend-Defining Barrier Ahead

The Australian Dollar continues to press upward against its US namesake, with prices rising to the highest level in a month.

EUR/USD Technical Analysis: Key Resistance in the Crosshairs

The Euro continued to push sharply higher against the US Dollar, delivering the single currency its largest two-day advance since early December.

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