GBP/USD touches its highest levels since May 2018
The pound is the standout performer on the session as cable climbs to a high of 1.3718 on the day, its highest levels since May 2018. The move here comes as the pound strengthens amid a breakdown in key technical support in EUR/GBP .

A statement released on Biden’s plan of actions ahead of his inauguration later in the day
In total, he will be signing 15 executive actions after the inauguration today but the above are among the notable ones laid out by the statement. Most of that has already been made known with the Keystone XL one having

Latest data released by Eurostat – 20 January 2021
The preliminary report can be found . No change to the initial estimates and this reaffirms that core inflation in the euro area keeps at a record low towards the end of 2020.

Gold has a slow start to 2021
Usually gold has a great start to the year on Chinese gold buying for the Lunar New year celebrations. In the last 10 years gold has risen eight years out of ten in January. The largest gain was in 2012 with a strong 9.14% rise. The biggest loss was