Gold Prices Slide as Treasury Yields Surge, Fed Minutes in Focus 
European Stocks Edge Higher as Fed Rate Pause Bets Rise 
Colombia Earthquake Losses Estimated at $9.58 Billion as Reconstruction Challenge Mounts 
Trump Pauses 50% Canada Tariffs for Three Days as U.S. Trade Deal Takes Shape 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Trump Says Iran Talks Halted as Strait of Hormuz Dispute Fuels Oil Concerns 
Canada Faces 50% U.S. Tariffs as Trade Tensions Threaten USMCA Talks 
US Dollar Holds Steady as Fed Rate Bets and Iran Tensions Drive Markets 
Wall Street Falls as Oil Prices Rise, Fed Minutes and Retail Earnings in Focus 
Oil Prices Rise as U.S.-Iran Tensions Grip Strait of Hormuz 
US Dollar Slips as Soft Economic Data Eases Fed Rate Hike Expectations 
Add as a preferred source on Google
While the United Kingdom has been surprising the markets, economist and the doomsayers with continued resilience after the referendum in June, on the other side of the world the United States’ economic performance has taken a slide compared to the prevalence expectations. Citi’s UK economic surprise index has reached the highest level in almost three years but the economic surprise index in the United States has taken a downturn since July.
Though, two central banks are on a different path of monetary policy. The Bank of England (BoE) has recently unveiled a fresh package of stimulus measures, whereas the Federal Reserve is looking to hike interest rates. With economic surprises diverging, the market expectations of the monetary policy divergence are likely to slide and provide support to the GBP/USD exchange rate and even lead to a recovery.
The pound is currently trading at 1.323 against the dollar, a break above 1.34 are could push the pair towards 1.38
