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.



US Dollar May Find Lifeline as Jobs Data Revives Rate Hike Bets

The US Dollar may find a lifeline in January’s employment data breathes new life into Fed rate hike speculation, lifting the currency after two days of aggressive selling.

Sharp Pound Rally a Greater Risk Than Selloff on BOE Outcome

The chance of a sharp British Pound advance is disproportionately greater than the probability of a selloff following the Bank of England monetary policy announcement.

EUR/GBP Technical Analysis: Trading Sideways Ahead of BOE

The Euro remains locked in a narrow consolidation range above the 0.72 figure against the British Pound, with the outlines of a descending Triangle pattern hinting at a downside bias.

AUD/USD Technical Analysis: Aussie Rallies Most in 8 Months

The Australian Dollar renewed the upside push against its US counterpart, yielding the largest one-day rally in eight months.

NZD/USD Technical Analysis: Support at 0.64 Holds Again

The New Zealand Dollar produced the largest daily rally in nearly 11 months against its US counterpart, breaking out of its two-week range to breach the 0.66 figure.

EUR/USD Technical Analysis: Euro Rallies Most in 2 Months

The Euro launched sharply higher against the US Dollar, putting in the largest daily advance in two months and securing a foothold above the 1.11 figure.

EUR/USD Technical Analysis: Short Position Back in Play

The Euro has stalled at familiar falling channel top resistance capping attempts at building upside momentum against the US Dollar since early December 2015.

Aussie Dollar May Rise as Yen Retreats in BOE, NFP Pregame

The Australian Dollar may rebound as the Japanese Yen retreats amid pre-positioning for the Bank of England policy announcement and the release of US payrolls data.

AUD/USD Technical Analysis: Looking to Sell Near 0.71

The Australian Dollar turned sharply lower against its US namesake, putting in the largest daily decline in three weeks.

Markets Yearn for Dovish ECB, SNB After RBA Disappoints

Financial markets were disappointed after the RBA signaled it is in no hurry to expand stimulus efforts, leaving traders yearning for dovish comments from ECB and SNB officials.

AUD/USD Whipsawed as Policy Bets, Risk Trends Diverge on RBA

The Australian Dollar initially climbed after the RBA delivered a neutral policy announcement but prices faltered as fading stimulus hopes undermined risk appetite.

Dollar Volatility Risk Higher on Stronger vs. Weaker US Jobs Data

The US Dollar is likely to see greater volatility if this week's much-anticipated employment data produces an upside result versus a soft one.

US Jobs, Inflation Data May Trigger Another Market Selloff

The US Dollar may rise as risk aversion sweeps the markets once again if upbeat inflation and employment data rekindles Federal Reserve interest rate hike bets.

Dollar, Pound Face Uneven Volatility Risk on PMI and PCE Data

The US Dollar and British Pound face asymmetric high volatility risk if UK PMI and US PCE data tops economists’ expectations versus the alternative.

Australian Dollar May Move on US Data After Static RBA

The Australian Dollar may find volatility in US new-flow’s impact on risk trends as the RBA maintains the status quo and Chinese economic data passes with little fanfare.

Weekly Trading Forecast: Fresh Stimulus, Tentative Recoveries and Heavy FX Event Risk

The BoJ refreshed the global central bank discussion this past week after announcing negative rates. And, risk-oriented markets gained as they have in years past. Is this a return to familiar trends ...

Markets Cheer BOJ Easing But US GDP Data May Cool Optimism

Financial markets cheered an unexpected expansion of Bank of Japan stimulus but investors’ mood may sour if fourth-quarter US GDP data rekindles Fed rate hike bets.

AUD/USD Technical Analysis: Upswing to Yield Short Setup

The Australian Dollar looks set to continue the recovery against its US counterpart having cleared chart resistance en route to the highest level in three weeks.

EUR/USD Technical Analysis: Euro Breaks Key Channel Top

The Euro broke resistance capping gains against the US Dollar since mid-December, hinting that a larger upward correction is in the cards ahead.

EUR/GBP Technical Analysis: Resistance Above 0.77 in Focus

The Euro looks set to resume its advance against the British Pound after prices pierced through chart resistance above the 0.76 figure.

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