The AI boom is not just driving stocks — it’s also moving the foreign-exchange market

AI Summary

The growth in artificial intelligence investment is influencing not only stock markets but also the foreign-exchange market, as companies leverage AI to expand their offerings. Traditional drivers like interest rates and trade balances are being supplemented by technological innovation factors.

Interest-rate differentials, inflation trends and trade balances are usually thought of as drivers of foreign-exchange movement — but increasingly, the drivers in the currency market are companies looking to expand their offerings in artificial intelligence.