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.



Pound Drops on Hard Brexit Fears, US Dollar Eyes Fed-Speak

The British Pound slumped as sharp comments from UK Prime Minister Theresa May rekindled “hard Brexit” worries. The US Dollar may pull back on timid Fed-speak.

Crude Oil Prices Brace for OPEC News, Gold Prices May Bounce

Crude oil prices are bracing for comments from OPEC officials as output cuts get underway. Gold prices may bounce as cautious Fed comments cool rate hike bets.

AUD/USD Technical Analysis: Down Trend Set to Resume?

The Australian Dollar put in a bearish Dark Cloud Cover candlestick pattern after testing falling trend line resistance, hinting it may be readying to resume its down trend.

Weekly Trading Forecast: Is the "Trump Trade" Back in Play?

Financial markets spent most of last week unwinding "Trump trade" bets but December's US jobs data seemed to rekindle the late-2016 narrative. Will it continue in the week ahead?

US Dollar May Turn Defensive Anew on Cautious Fed Comments

The US Dollar found a lifeline in upbeat wage growth data having been battered by the unwinding of the “Trump trade”. Upcoming Fed-speak may put it back on the defensive.

NZD/USD Technical Analysis: Kiwi Retakes 0.70 Threshold

The New Zealand Dollar launched higher out of a consolidation range against its US counterpart, reclaiming a foothold above the 0.70 figure.

Gold Prices May Continue to Rise After US Jobs Data

Gold prices may rise for a fourth consecutive day if broadly in-line US jobs data clears a path for continued unwinding of “Trump trade” exposure across financial markets.

US Dollar Selloff May Resume Following Payrolls Data

The US Dollar may decline further as unwinding of the “Trump trade” resumes following the release of December’s US labor market figures.

AUD/USD Technical Analysis: Aussie Jumps Most in 4 Months

The Australian Dollar is mounting a spirited recovery against its US counterpart, with prices posting the largest daily advance in four months.

Crude Oil Prices Eye Inventory Data, Gold May Extend Recovery

Crude oil prices are looking to EIA inventory data for another boost while gold prices may continue to recover as ADP and ISM figures cool Fed rate hike speculation.

US Dollar Pullback May Continue on ISM, ADP Data

The US Dollar may fall further as soft ISM and ADP data offer fresh fodder for profit-taking on the so-called “Trump trade” that brought prices to a 14-year high.

EUR/GBP Technical Analysis: Rally to 6-Week High Fizzles

A Euro has struggled to make lasting progress out of familiar territory near 0.85 figure against the British Pound, failing to sustain a short-lived spike to a six-week high.

EUR/USD Technical Analysis: Testing 14-Year Lows Anew

The Euro promptly retreated to familiar territory near 14-year lows against the US Dollar after sharp spike back above the 1.06 figure in thin holiday trade.

US Dollar May Weaken on FOMC Minutes, Euro to Overlook CPI

The US Dollar may turn lower if minutes from December’s FOMC meeting pour cold water on aggressive rate hike speculation. The Euro is likely to overlook flash CPI data.

Gold Prices May Extend Recovery on December FOMC Minutes

Gold prices may recover some more lost ground if minutes from December’s FOMC meeting cool the markets’ bets on a significant hawkish policy pivot in 2017.

Crude Oil Prices May Break Deadlock on Inventory Data

Crude oil are at a standstill as markets await news on implementation of an OPEC supply cut scheme but inventory data may rekindle directional momentum.

Euro May Overlook German CPI Uptick, US ISM Survey in Focus

The Euro may look past an uptick in German inflation. December’s US ISM manufacturing survey may rekindle Fed policy speculation in earnest.

Top Trading Lessons of 2016

A good trader never stops learning, and every mistake is another potential learning experience. Here are some of the top lessons our analysts learned, absorbed or suffered from our personal trading i...

Top Trading Opportunities for 2017

Will revived trends hold true into the New Year or is volatility the only holdover to depend on? These are the DailyFX Team's top trade opportunities for 2017.

Market Forecast - 1Q 2017: Fireworks Ahead on Trump, Brexit

Financial markets look set for a rowdy start to 2017 as Donald Trump ascends to the US presidency while the UK moves to formally trigger Brexit