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fxAug 7, 2026, 4:44 AM

Swiss Franc Weakens as Risk Aversion Lifts US Dollar

USD/CHF rose for a second straight day, trading near 0.8130 during Asian hours on Friday. The US dollar gained on safe-haven demand amid escalating Middle East tensions.

USDCHF

The Swiss franc continued to soften against the US dollar, with USD/CHF advancing for a second consecutive session. In early Asian trading on Friday, the pair hovered around 0.8130.

The greenback drew support from renewed haven buying as fears over a wider Middle East conflict intensified. Escalating geopolitical tensions pushed investors toward the relative safety of the dollar.

Fresh demand for the US currency put pressure on the franc, extending the pair's recent rebound.

Source: FXStreet Forex News