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: Sellers Challenge 4-Month Support

The Euro finds itself at a critical cross-roads as prices test support guiding the move higher against the British Pound since December 2016.

AUD/USD Technical Analysis: Bounce Stalls at Trend Resistance

The Australian Dollarseems to have fallen short of a convincing upside breakout against its US counterpart after storming higher from support above the 0.74 figure.

EUR/USD Technical Analysis: Trump-Induced Bounce Aborted

A Euro recovery following the test of five-month trend support was swiftly aborted, putting prices on the precipice of a major downturn once again.

US Dollar May Rise as Trump Jawboning, Geopolitical Fears Recede

The US Dollar may rebound as the impact of President Trump’s jawboning recedes and signs of a political accommodation with Russia and North Korea appear plausible.

US Dollar Eyes CPI, Liquidity Drain May Boost Knee-Jerk Volatility

The US Dollar may edge down if CPI data falls short of expectations. Knee-jerk volatility may be amplified by thin holiday liquidity conditions.

Gold Prices May Edge Up on Soft US Inflation Data

Gold prices may edge up in otherwise quiet holiday trade if US CPI data falls short of expectations, undercutting the Fed rate hike outlook.

NZD/USD Technical Analysis: Two-Month Down Trend Broken

The New Zealand Dollar broke through falling trend line resistance guiding the move lower since early February, hinting a significant reversal may be at hand.

US Dollar May Swiftly Recover from Trump-Induced Losses

The US Dollar slumped after Donald Trump said it was “getting too strong” but the down move may prove short-lived, with strong PPI data helping to drive recovery.

Crude Oil Prices Drop Despite Inventory Draw, Trump Boosts Gold

Crude oil prices succumb to broad-based risk aversion despite inventory drawdown, gold prices surge as Donald Trump talks down the US Dollar.

Yen May Erase Gains if Russia, US Find Common Ground

The Japanese Yen may retrace lower after geopolitical stress inspired explosive gains if Russia and the US are able to find common ground on conflicts in Syria and the Ukraine.

Gold Price Surge May Falter as US, Russia Weigh Syria and Ukraine

Gold prices may turn lower if a meeting between US and Russian foreign ministers points to signs of accommodation on conflicts in Syria and the Ukraine.

Pound May Weaken on UK CPI, G7 News-Flow Threatens US Dollar

The British Pound may weaken as UK CPI data disappoints. The US Dollar may continue to track lower as Fed rate hikes cool while the G7 grapples with a deepening crisis in Syria.

Crude Oil Prices Extend Gains as G7 Grapples with Syria Crisis

Crude oil prices continued to march upward, hitting the highest levels in over a month, as the US hardened its line on the crisis in Syria at a meeting of G7 foreign ministers.

Markets Torn as Syria, Fed Outlook Vie for Influence (Webinar)

The US Dollar has soared as markets price in a more hawkish Federal reserve but a deepening crisis in Syria may trigger risk aversion and overtake the spotlight.

US Dollar May Rise on Yellen Speech Unless G7 Dents Risk Appetite

The US Dollar may rise as Fed Chair Yellen stokes rate hike speculation unless sentiment sours on worries about a broadening conflict in Syria after a meeting of G7 foreign ministers.

Gold Prices Erase Syria-Linked Gains on Fed Rate Hike Bets

Gold prices surge fails at key resistance as US jobs data stokes Fed rate hike speculation, overwhelming upward pressure after a surprise US missile strike against Syria.

Weekly Forecast: Geopolitics Clouds Financial Market Trends Anew

Geopolitics threaten to derail financial markets yet again as investors reckon with the aftermath of an unexpected US airstrike against Syria.

US Dollar: Rates-Driven Trend Complicated by Geopolitical Jitters

The US Dollar has scope to continue building on a two-week recovery as Fed policy bets turn favorable but geopolitical jitters complicate the outlook.

EUR/GBP Technical Analysis: Four-Month Uptrend Challenged

The Euro is digesting losses after touching a one-month low against the British Pound and challenging the bounds an uptrend dating back to December 2016.

EUR/USD Technical Analysis: Inching Toward 1.60 Figure

The Euro continues to edge lower against the US Dollar having established a top with the formation of a bearish Dark Cloud Cover candlestick pattern, as expected.