Choosing between SMA and EMA depends on what you want to read from the chart. SMA can help smooth out the bigger picture, while EMA reacts faster to recent price changes. Knowing the difference makes it easier to choose the right moving average for your timeframe and trading
BoE held rates steady. How did GBP react?
Market reaction:
💷 GBP edged slightly higher
📉 UK 2-year gilt yield moved lower
📊 FTSE stayed near record highs
Key points:
📊 Bank Rate held at 3.75%
📊 MPC vote: 6–3 to hold
📊 Three members voted for a 25 bps hike
📊 CPI inflation
🚨 High-impact news 🚨
In 1 hour, at 06:30 UTC, the 🇯🇵 Bank of Japan press conference will take place. The BoJ rate decision and monetary policy statement are expected earlier on 31 July, but the exact release time is usually not fixed. Traders will be watching for comments on
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Fed held rates steady. How did markets react?
Market reaction:
💵 USD weakened
📉 Treasury yields moved lower after the decision
📊 Stocks turned volatile, with major indices under pressure
Key points:
📊 Fed held rates at 3.50–3.75%
📊 Decision passed by a 9–3 vote
📊 Three