What is Forex and Where is it Used?

The foreign exchange (Forex) market is the world's largest financial market, where currencies are traded 24/7. It plays a critical role in global trade, investments, and economic stability, impacting everyone from multinational corporations to everyday travelers. Real-time forex data allows businesses, traders, and developers to make informed decisions and build smarter tools — like financial dashboards — that react to live market conditions.

Why Use Dualite Alpha?

Dualite Alpha is an AI-powered frontend developer that acts as your personalized assistant for building beautiful, responsive, and functional UI components — for both web and mobile platforms. What sets Alpha apart is its seamless API integration, strong frontend focus, and ability to convert prompts directly into deployable dashboards. Whether you're a solo dev or a tech team, Alpha drastically speeds up the process of going from idea to execution.

TLDR

Prerequisite Setup: Using Financial Modeling Prep API

To start, we use https://financialmodelingprep.com for accessing real-time Forex market data. This API provides detailed information such as ticker symbols, bid/ask rates, daily highs and lows, and timestamps.

You’ll need to generate an OpenAPI YAML Spec for the Forex endpoint, which looks something like this

API Integration with Dualite Alpha

Once your YAML spec is ready, head to Dualite Alpha and click on the “</>” code icon. Paste your API spec into the editor and hit Continue.

Time for the prompt

“Build me a dashboard for visualizing Forex API data.”

Alpha takes over — auto-generating the entire UI layout, API integration, and data visualization logic.

Manual API Key Integration for Security

For production-grade security, Dualite Alpha doesn’t auto-insert your API key. Instead, it forces you to manually add your key within the project. This is a deliberate practice to avoid leaking sensitive information into version control or public deployments.

If you preview the dashboard before adding your key, you might see an error like “Failed to load market data” — a reminder that your API key is still missing.

Fully Functional Dashboard Preview

Once the API key is added and saved, you can preview your live Forex dashboard. Alpha generates a clean UI that may include heatmaps, searchable currency tables, and responsive layouts. You can search for pairs like "INR" and instantly see updated forex values.

You can then deploy the same. You can deploy it via Netlify too with a simple click. Here's the deployed link for this: https://a-dashboard-sanh-alphaproject.netlify.app/

Try Dualite Alpha yourself by joining the waitlist here