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Artificial Intelligence (AI) has had a significant impact on the forex markets in 2023. With AI available to nearly every trader, the information floating around the markets is now readily available and can be analyzed without human intervention. AI can also help traders conform to correct compliance requirements and legally stick to particular country laws, as well as help mitigate market and credit risks. AI is a branch of computer science that tracks intelligent behavior by using simulations and is used to create intelligent machines that can think, reason, learn, and act like humans.
