USD/CHF advances to near 0.9030 during the early European hours on Friday, which could be attributed to the recovery of the US Dollar (USD). The resurgence in the long-term yield on 10-year US bond coupons has bolstered the Greenback, thereby providing support for the USD/CHF pair. On Thursday, the safe-haven Swiss Franc (CHF) gained strength as market caution heightened due to the escalated geopolitical tensions in the Middle East. This tension stems from Iran's vow to retaliate against Israel's attack on Iran's embassy in Syria, which resulted in the loss of Iranian military personnel.
USD/CHF advances to near 0.9030 during the early European hours on Friday, which could be attributed to the recovery of the US Dollar (USD). The resurgence in the long-term yield on 10-year US bond coupons has bolstered the Greenback, thereby providing support for the USD/CHF pair. On Thursday, the safe-haven Swiss Franc (CHF) gained strength as market caution heightened due to the escalated geopolitical tensions in the Middle East .
This tension stems from Iran's vow to retaliate against Israel's attack on Iran's embassy in Syria, which resulted in the loss of Iranian military personnel
USD/CHF US Dollar Swiss Franc Geopolitical Tensions Middle East
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