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.



Weekly Forecast: Top Tier Data, Risk Aversion Portend Volatility

Financial markets may face breakneck volatility as a steady stream of heavy-duty scheduled event risk is compounded by wild swings in sentiment.

US Dollar Rally Poised to Continue as Market Sentiment Sours

The US Dollar may continue to push higher as haven demand amid deteriorating market sentiment takes over from Fed policy bets as the catalyst du jour.

AUD/USD Technical Analysis: Down Trend Still Holds Sway

The Australian Dollar has recovered nearly 3 percent of its value since hitting an 11-month low in early May but the dominant price trend points firmly lower.

US Dollar Back on Offense Before Powell Speech, Yen Backtracking

The US Dollar returned to the offensive before what may be another hawkish speech from Fed Chair Powell. The Yen backtracked after the largest two-day rally in a year.

Gold Price Rise May Lose Steam on Powell Speech, Risk Recovery

Gold prices may find themselves on the defensive once again as risk appetite recovers while a speech from Fed Chair Jerome Powell strikes a hawkish tone.

US China Trade War & a Brief History of Trade Wars – 1900 until Present

In this report, we look at some of the key events that have promoted and stymying global trade from 1900 to the latest US China Trade War.

Yen Looks Poised to Build on Gains vs US Dollar

The US Dollar looks likely to suffer deeper losses against the Yen after prices slid below trend support guiding them higher since late March.

NZD/USD Technical Analysis: Critical Range Floor Under Pressure

The New Zealand has dropped to test support at the bottom of a range that has contained the currency’s moves against its US counterpart since December 2016.

Yen Soars on Trade War Fears, Carney May Derail Pound Rebound

The anti-risk Yen soared as trade war jitters soured market sentiment. Dovish remarks from BOE Governor Carney may snuff out a nascent British Pound recovery.

Crude Oil Prices May Be Ready to Make Good on Signs of Topping

Crude oil prices may be ready to make good on bearish technical cues as trade war jitters sour sentiment across financial markets.

Euro and Pound May Fall on Data, US Dollar Eyes FOMC Minutes

The Euro and the British Pound may fall as Eurozone PMI and UK CPI data disappoint. A hawkish tone in FOMC minutes may send the US Dollar higher.

Gold Prices May Breach Critical Support on FOMC Minutes

Gold prices may breach support guiding them higher since December 2016 if minutes from the Fed’s May 2 policy meeting strike a hawkish tone.

EUR/USD Technical Analysis: Euro Decline Expected to Continue

The Euro selloff paused for digestion after prices slid to the lowest level in five months but the down trend started in mid-April remains intact.

Pound Looks to BOE Testimony for Direction, US Dollar May Bounce

The British Pound is looking to testimony from BOE officials including Governor Carney for direction. The US Dollar may bounce after yesterday’s selloff.

Crude Oil Prices Hit 4-Year High But Chart Setup Warns of Topping

Crude oil prices surged to a four-year high as markets celebrated a delay of the US/China trade war but chart positioning continues to warn of topping ahead.

Pound Drops on Pledge to Restart Scotland Independence Push

The British Pound fell amid worries that a new push for Scottish independence from the UK will include a proposal to ditch Sterling in favor of another currency.

Gold and Crude Oil Prices Diverge on Cooling US, China Tensions

Gold and crude oil prices look set to chart divergent paths as cooling trade tensions between the US and China boost risk appetite across financial markets.

Weekly Forecast: FOMC Minutes, Powell Speech Keep Fed in Focus

Fed monetary policy remains in focus for financial markets as minutes from May’s FOMC meeting and a speech from Fed Chair Powell cross the wires.

US Dollar Aims to Extend Rally on FOMC Minutes, Powell Speech

The US Dollar may continue higher as minutes from May’s FOMC meeting and a speech from Chair Powell boost Fed rate hike expectations further.

Euro Up as Italy Fears Cool, Canadian Dollar Down on NAFTA Talks

The Euro rebounded from a five-month low as worries about Italian politics ebbed a bit. The Canadian Dollar fell as the US deflated hopes for a NAFTA deal.