• Sat, Feb 28, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

12 January 2026 12:20  |

Swiss Franc Back in Demand! USD/CHF Reversal Down Amid Global Tensions

The USD/CHF currency pair halted its four-day winning streak and weakened to around 0.7990 in Asian trading on Monday. This weakening occurred because the Swiss Franc (CHF) was again sought after as a safe-haven asset, as rising global geopolitical tensions prompted investors to shift away from risk.

Market focus was on the situation in Iran, where US President Donald Trump warned Tehran against using violence against demonstrators. Trump also hinted at possible action if the crackdown continued. Meanwhile, Iranian officials warned the United States and Israel against intervening, raising fears of a broader conflict.

Global tensions were also exacerbated by Arctic security issues. The UK and Germany were reportedly considering increasing their military presence in Greenland, potentially even proposing a joint NATO mission. This situation made the market more cautious, boosting demand for the Swiss Franc and depressing USD/CHF movements. (az)

Source: Newsmaker.id

 

 

Related News

USD/CHF

USD/CHF Strengthens To Lows As Traders Prepare For US Retai...

The USD/CHF pair strengthened to around 0.9045 during the early European session on Friday (2/14). Renewed US Dollar (USD) de...

14 February 2025 12:56
USD/CHF

USD/CHF Strengthens, US-Swiss Trade Tensions in Focus

The USD/CHF currency pair traded higher around 0.8090 on Tuesday morning European time. The US dollar strengthened against th...

5 August 2025 12:54
USD/CHF

USD/CHF Stuck at 0.8100, Eyes on Powell

USD/CHF pared daily gains on Friday (August 22nd). The rebound from Thursday's low of 0.8025 stalled at the 0.8100 resistance...

22 August 2025 16:57
USD/CHF

USD/CHF weakens on rising safe-haven demand

USD/CHF moved lower after posting gains in the previous session, trading around 0.8170 during Asian hours on Monday. The curr...

23 June 2025 10:21
BIAS23.com NM23 Ai