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.



AUD/USD Technical Analysis: Digesting Rise to 4-Month High

The Australian Dollar is digesting gains after rising to the highest level in nearly four months against its US namesake.

EUR/USD Technical Analysis: Euro Soars to 5-Month High

The Euro accelerated upward against the US Dollar, breaking above falling trend line restrictingmoves to the upside since early May.

US Dollar on the Upswing as Markets Eye Fed Meeting Minutes

The US Dollar rose alongside Treasury bond yields ahead of the release of minutes from July’s Fed policy meeting, hinting the markets were preparing for a hawkish outcome.

Gold Prices May Fall on Hawkish Tone in Fed Meeting Minutes

Gold prices may fall if minutes from July’s Fed policy meeting reveal a hawkish tone, hinting markets are under-pricing the likelihood of a rate hike in the months ahead.

EUR/GBP Technical Analysis: Euro Hits 3-Year High vs. Pound

The Euro continues to push higher against the British Pound, pushing above July’s swing high to rise to the highest level in three years.

Euro and Pound to Look Past UK CPI and ZEW Data, US Dollar Sinks

The Euro and British Pound are likely to look past UK CPI and German ZEW data. The US Dollar is under pressure as before July’s inflation figures cross the wires.

Crude Oil Extends Gains as Russia Stokes Output Deal Hopes

Crude oil prices continued to push higher for a third consecutive day after comments Russian Energy Minister Novak stoked hopes for an output freeze deal.

What Will It Take to Revive FX Volatility?

Currency market volatility has plunged since the Brexit referendum. Minutes from July's FOMC meeting and comments from key Fed officials may begin to break the deadlock.

New Zealand Dollar Slumps on Swelling RBNZ Rate Cut Bets

The New Zealand Dollar fell in otherwise quiet overnight trade as disappointing service-sector survey data fueled RBNZ interest rate cut speculation.

Gold Prices Await Fed Policy Clues, Crude Oil May Pull Back

Gold prices look for catalysts in news-flow shaping Fed policy bets. Crude oil may correct lower after recovering to the highest level in nearly four weeks.

Weekly Trading Forecast: What Currencies Face Volatility Amid Low Volatility Global Markets

Activity in equities and other asset classes have ground to a halt recently. The FX market is not immune, but it has maintained a volatility advantage over its brethren. Which currencies and events c...

Australian Dollar May Fall as RBA Rate Cut Bets Rebuild

The Australian Dollar may decline amid rebuilding near-term RBA rate cut speculation following minutes from Augusts’ policy meeting and July’s employment data.

Looking ot Sell Euro Below 1.12 Figure

The Euro seems to be resuming downward momentum after recoiling from trend line resistance against the US Dollar and I am looking to enter short.

EUR/USD Technical Analysis: Trend Line Resistance Held

The Euro may be readying to turn lower anew against the US Dollar after prices recoiled from resistance at a falling trend line capping gains since early May.

Gold Prices May Break Deadlock as US Data Drives Fed Speculation

Gold prices may find directional momentum after treading water for nearly a week if US retail sales and consumer confidence data rekindles Fed policy speculation.

Aussie Dollar Drops After Bond Sale, Euro at Risk on German GDP

The Australian Dollar fell following results of a y-year government bond auction. The Euro looks vulnerable if soft German GDP data boosts ECB stimulus expansion bets.

EUR/GBP Technical Analysis: Setting Double Top Below 0.87?

The Euro may be in the process of establishing a bearish Double Top chart pattern against the British Pound after prices rose to challenge one-month highs.

Crude Oil Prices Slump on Inventories Data, Gold Treading Water

Crude oil prices swooned after EIA data showed an unexpected rise in inventories. Gold prices continue to tread water near familiar technical support.

Currencies Consolidate After RBNZ Triggers Big-Splash Volatility

Currency markets seem resigned to consolidation amid a lull in top-tier event risk after the RBNZ monetary policy announcement delivered big-splash volatility.

NZD/USD Technical Analysis: Kiwi Jumps to 15-Month High

The New Zealand Dollar spiked to the highest level in 15 months against its US counterpart following the RBNZ monetary policy announcement.

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