The London-based Permutable AI, known for its analytics in commodities and energy markets, announced an expansion of its trading platform to include FX markets. According to the company, this move introduces real-time AI-driven insights for institutional traders, portfolio managers, and corporate treasury teams in the volatile currency market.

Real-Time AI Insights for FX

“The addition of FX markets to our Trading Co-Pilot platform represents a natural evolution of our technology,” commented Wilson Chan, CEO at Permutable AI.

“Our AI-driven approach to market intelligence has proven highly effective in energy and commodity markets, and we’re now bringing these same capabilities to currency trading, where real-time analysis of market-moving events is absolutely key.”

With this expansion, Permutable AI now offers coverage of both major and minor currency pairs, including USD Dollar (DXY), GBP/USD, USD/JPY, EUR/JPY, and AUD/USD. Minor pairs such as EUR/GBP, GBP/JPY, and AUD/JPY are also included in the new offering.

According to the company, the Trading Co-Pilot platform processes vast amounts of market data in real-time, identifying sentiment shifts and cross-currency correlations. The new offering now enables traders to anticipate market movements and make more accurate data-driven decisions.

Enhancing Trading Tools in the Currency Market

Due to currency market volatility, the forex industry has seen an increasing demand for sophisticated trading tools. Traders now have access to AI-driven real-time market alerts and risk management insights, enhancing their ability to navigate unpredictable conditions.

Looking ahead, Permutable AI plans to develop its platform further, introducing sentiment analysis for single currency indices and additional advanced features.

Last year, the European Union announced a new regulation to regulate artificial intelligence. The notable legislation, approved by the EU Council mid-last year, aims to unify AI rules across the region.

According to the council, the regulation seeks to ensure that the new technology is safe, transparent, and aligned with fundamental human rights. Besides AI, the legislation also affects the payment space.

This article was written by Jared Kirui at www.financemagnates.com.Retail FXRead More

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