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.



Crude Oil Prices Fall on Inventories Data, May Rebound on BOE

Crude oil prices may rebound having fallen after weekly inventories data if the Bank of England opts to expand monetary policy stimulus.

Australian Dollar Climbs as Employment Data Fuels RBA Speculation

AUD/USD climbed along with bond yields as Australian employment numbers crossed the wires, hinting the outcome fueled a shift in markets’ RBA policy bets.

Crude Oil Prices at Risk on Souring Sentiment, Inventories Data

Crude oil prices may decline after rising the most in three months as risk appetite sours while EIA inventories data disappoints drawdown expectations.

Japanese Yen May Extend Recovery as Risk Appetite Fizzles

The Japanese Yen cautiously recovered in Asian trade having plunged amid yesterday’s swell in risk appetite. More of the same may be ahead as sentiment sours.

AUD/USD Technical Analysis: Erasing Post-Brexit Losses

The Australian Dollar has all but erased losses sustained in the aftermath of the UK Brexit referendumagainst its US counterpart.

EUR/USD Technical Analysis: Bearish Trend Bias Remains

The Euro is attempting a recovery against the US Dollar having found support at a familiar range floor below the 1.11 figure once again.

British Pound Soars Before BOE Sounds Off on Financial Stability

The British Pound is soaring amid a broad-based swell in market-wide risk appetite before BOE officials including Governor Carney speak on post-Brexit financial stability.

Crude Oil Prices Diverge from Risk Trends as US Dollar Gains

Crude oil prices veered away from broader risk appetite trends as the US Dollar advanced amid cautious signs of life in Federal Reserve monetary policy bets.

Gold, Crude Oil Prices Fall as USD/JPY Rally Reverberates

Gold and crude oil prices are under pressure as a sharp USD/JPY rally reverberates across the financial markets, sending the US Dollar broadly higher.

US Dollar May Follow Yen Lower as Risk Appetite Swells

The US Dollar may follow the Japanese Yen downward as risk appetite swells across financial markets, undermining demand for anti-risk and haven assets.

Weekly Trading Forecast: Fueling Fed, Brexit and China Fundamental Speculation

This past week was concentrated on a singular event – NFPs which materially bested expectations. Ahead, we will tap into key global themes from Brexit with the BoE decision to China GDP and Eur...

Aussie Dollar to Mirror Risk Trends Amid Global Slowdown Fears

The Australian Dollar is likely to fall in with risk sentiment trends as markets weigh up the threat of a global economic slowdown on the heels of the UK “Brexit” referendum.

AUD/USD Technical Analysis: Treading Water Below 0.76

The Australian Dollar is locked in a narrow consolidation range against its US namesake having managed a cautious recovery from support above the 0.73 figure.

Crude Oil Prices May Rebound with Stocks on US Payrolls Data

Crude oil prices may attempt a recovery alongside stock prices after slipping below range support yesterday if an upbeat US jobs report boosts market-wide risk appetite.

Will the US Dollar Rise if Jobs Data Tops Forecasts? Maybe Not.

The US Dollar may not rise even if US jobs data tops expectations as a focus on external headwinds undermines an upbeat outcome’s support for Fed policy bets.

Gold Prices Top June High But Fall Short of Convincing Breakout

Gold prices overcome June’s swing high but fell short of securing a convincing upside breakout. Crude oil prices may continue recovery on weekly inventories data.

NZ Dollar, Yen Soar as RBNZ and BOJ Talk Down Stimulus Bets

The New Zealand Dollar and the Japanese Yen soared after officials from the RBNZ and the Bank of Japan signaled that near-term stimulus expansion is not in the cards.

Crude Oil Prices May Break Range Floor Amid Risk Aversion

Crude oil prices have slumped back to range support above the $45/barrel figure and may break through it as stock futures warn of continued risk aversion on the horizon.

US Dollar Response to ISM Data May Hint at Post-NFP Price Action

The response of the US Dollar to an upbeat service-sector ISM report may offer clues about how the safe-haven currency may behave after Friday’s US jobs report.

EUR/GBP Technical Analysis: Euro Moves to 3-Year High

The Euro continues to push upward against the British Pound having produced the largest daily advance on record following the UK “Brexit” referendum.

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