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fxJun 15, 2026, 2:00 PM

Swiss Franc Gains as US-Iran Peace Deal Dents Safe-Haven Demand for USD

The Swiss Franc strengthened against the US Dollar on Monday after a US-Iran peace agreement reduced safe-haven demand for the greenback.

USDCHF

The Swiss Franc (CHF) rose against the US Dollar (USD) on Monday as the Greenback's safe-haven appeal faded following a peace deal between the United States and Iran, aimed at ending the conflict in the Middle East.

At the time of writing, USD/CHF was trading around 0.7923, down 0.60% on the session. The agreement reduced risk aversion, prompting traders to shift away from the traditional safe-haven dollar.

Source: FXStreet Forex News