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fxJun 16, 2026, 4:33 PM

USD/CHF Falls as Safe-Haven Demand Eases on US-Iran Tensions

USD/CHF extends losses for a second consecutive day after rejection at 0.8000, pressured by easing US-Iran tensions reducing safe-haven demand for the dollar.

USDCHF

USD/CHF continues to decline on Tuesday, marking a second straight day of losses. The pair was rejected at the 0.8000 level and now trades around 0.7921, down 0.30% on the day.

The move lower is attributed to easing geopolitical tensions between the United States and Iran, which diminishes demand for the safe-haven US Dollar. Without fresh escalation, the dollar’s safe-haven premium deflates, allowing the Swiss franc to recover.

Technical resistance at 0.8000 remains key; a sustained break below 0.7900 could open the door for further downside.

Source: FXStreet Forex News