PureFi Protocol USD Price & Performance (UFIUSD)

The Australian Dollar (AUD) is under pressure, with AUD/USD nearing the 0.6290 mark after weak US Nonfarm Payrolls data and declining Chinese imports. Technical indicators suggest potential further losses, with support around 0.6270. Market sentiment remains cautious, reflecting broader concerns about global economic conditions.1

India’s foreign exchange reserves surged by $15.267 billion to $653.966 billion for the week ending March 7, marking the sharpest rise in over two years. The increase is attributed to a $10 billion forex swap by the Reserve Bank of India on February 28, aimed at injecting liquidity into the system.2

Gold prices are approaching the $3,000 mark after breaking key resistance at $2,940. Analysts point to strong bullish sentiment, though a pullback could test the $2,940 support level. The metal remains a favored hedge against economic uncertainty, with investors closely watching for further gains.3