Artificial intelligence in FX ‘may be hype’
Relevance for AI in foreign exchange does not stack up compared with other classes
Artificial intelligence can be particularly useful in asset classes where there are thousands of instruments available to trade, but it is not deemed as practical in a market such as foreign exchange, where the overall number of currency pairs is limited and even less so in the majors, remarked panellists at the 2019 FX Week Europe conference.
While the panellists did not completely disregard the potential for AI in FX, they did not believe it is as relevant as it is for equities, for example.
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