The foreign exchange or forex market is the biggest financial market in the world. It is even bigger than the stock market. Moreover, the forex market continues to grow, and one major reason for this is the use of the latest technologies, including artificial intelligence. In fact, it wouldn't be wrong to say that AI is revolutionizing forex trading. According to the 2019 Triennial Central Bank Survey of FX and OTC Derivatives Markets, the forex market has a daily volume of $6.6 trillion. When so much money is at stake, it is natural for market participants to demand and develop tools that help to reduce their risk and increase their accuracy.

It wasn't so long ago that business analytics operated on a months-long cycle. For most of the twentieth century, the main interaction between a company and its data was a regular review of its most easily quantifiable measures, in the form of annual or quarterly financial assessments. Today, interacting with data this infrequently would be unimaginable in even a small business. As data availability and transfer speeds have grown at exponential rates, the time lag between intake and analysis of data has shortened to the point that, today, real-time data analytics is often part of an organisation's standard operating procedure. There are few industries which have not been lifted up by this rising tide of data.

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.