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.



NZD/USD Technical Analysis: Kiwi Drops Most in 7 Months

The New Zealand Dollaraccelerated lower against its US counterpart as expected, suffering the largest drop since January and hitting the lowest level in a month.

Gold Prices May Shrug Off US CPI Data as Risk Appetite Collapses

Gold prices may continue to find support as geopolitical jitters sour market sentiment even as US CPI data points to the first inflation uptick in five months.

AUD/USD Technical Analysis: Sellers Take Aim Below 0.78

The Australian Dollarlooks vulnerable to deeper losses having turned lower after finding resistance below the 0.81 figure against its US counterpart.

US Dollar May Rise on PPI Data, RBNZ Threatens FX Intervention

The US Dollar may rise as a pickup in wholesale inflation boosts Fed rate hike prospects. Its Kiwi cousin sank after the RBNZ threatened to intervene in the FX markets.

Crude Oil Prices May Fall as OPEC Data Shows Glut Persisting

Crude oil prices may turn lower as monthly OPEC data reveals struggle to offset swelling US output with coordinated output cuts. Gold prices may fall on US PPI report.

Yen, Franc Gains May Evaporate as Quickly as They Appeared

The Yen and Swiss Franc surged amid escalating tensions between the US and North Korea but the headline-driven move may evaporate as quickly as it appeared.

Gold Prices May Extend Gains After Trump Threatens North Korea

Gold prices rose after US President Trump threatened North Korea, hurting market sentiment. Stock futures tracking key European and US benchmarks hint more of the same ahead.

EUR/GBP Technical Analysis: Euro Downturn Brewing Ahead?

The Euro put in a dramatic Shooting Star candlestick following a test of resistance below the 0.91 figure against the British Pound, hinting a turn lower may be ahead.

Currency Markets Vulnerable to Kneejerk Volatility Amid Data Lull

Currency markets are vulnerable to kneejerk volatility as a lull in top-tier economic news flow exposes a vacuum to be filled by stray headlines.

Crude Oil Prices Seesaw on Hopes for Larger OPEC-Led Output Cuts

Crude oil prices seesawed as markets eyed a meeting of participants in OPEC-led production cuts, hoping to see commitment to a more aggressive effort.

NZD/USD Technical Analysis: 5-Month Support Line Broken

The New Zealand Dollarbroke below trend line support guiding the move higher against its US cousin since mid-May, hinting a significant reversal is in the works.

US Dollar May Struggle to Extend Gains on Dovish Fed Comments

The US Dollar may struggle to extend Friday’s post-payrolls recovery as comments from the Fed’s standby doves undercut the case for another rate hike in 2017.

Gold Prices Eye Fed Commentary After Sinking on US Jobs Data

Gold prices are looking to comments from Fed officials for direction having suffered as July’s upbeat US labor market statistics revived rate hike speculation.

EUR/USD Technical Analysis: One-Month Euro Uptrend Broken

The Euro turned lower against the US Dollar after hitting the highest level since January 2015 as expected, with prices breaking the one-month rising trend.

Weekly Trading Forecast: US Dollar, Gold Price Reversal at Hand?

The US Dollar turned sharply higher as gold prices fell after July's upbeat US jobs data. Is this the start of a reversal or just a temporary setback for established trends?

US Dollar May Extend Rebound as CPI Boosts Rate Hike Chances

The US Dollar may find fuel for a sustained recovery if CPI data points to firming inflation, boosting the probability of another Fed rate hike before year-end.

EUR/GBP Technical Analysis: Euro Soars to 15-Month High

The Euro broke upward out of a narrow consolidation range, with prices advancing to the highest level in 15 months against the British Pound.

AUD/USD Technical Analysis: A Top in Place Below 0.81?

The Australian Dollar may be preparing to turn lower as expected as prices edge below near-term range support having signaled ebbing upside momentum.

Crude Oil Prices Fall as Andy Hall Closes Fund, Gold Eyes US Jobs

Crude oil prices fell as famed commodities trader Andy Hall closed his flagship hedge fund after heavy losses. Gold prices may decline as US jobs data revives Fed rate hike bets.

US Dollar Eyes Jobs Data, May Struggle Absent Wage Growth Pickup

The US Dollar may rise if payrolls data tops market forecasts but lasting upside follow-through seems unlikely unless without a pickup in wage inflation.