USD/CHF Drops to 0.8056 as Swiss Franc Strengthens on Middle East Geopolitical Tensions

USD/CHF Sinks to 0.8056 as Middle East Tensions Trigger Safe-Haven Flows

The USD/CHF currency pair slid to 0.8056 in the Asian session on Friday, marking a two-month low as the Swiss Franc (CHF) attracts strong safe-haven demand amid escalating geopolitical tensions in the Middle East.

As of writing, the pair is trading near 0.8070, extending its losing streak for the third consecutive session.

Swiss Franc Gains as Israel-Iran Conflict Deepens

The rally in CHF follows intensified hostilities after Israel reportedly struck dozens of targets across Iran, aiming to dismantle parts of Iran's nuclear program. The Israeli Defense Minister, Israel Katz, warned of potential missile and drone retaliation from Tehran and declared the country must remain on high alert.

📌 “This is a national security priority,” said Katz. “We expect Iran to respond in some way, and we are fully prepared.”

US Distances Itself from Israeli Strikes, Issues Warning to Iran

US Secretary of State Marco Rubio issued a clear message to Iran:

“Let me be as clear as day: Iran should not attack US interests or personnel.”

Rubio emphasized that the United States did not participate in the Israeli strikes, adding that President Trump and his administration are focused on protecting American forces and maintaining contact with regional allies.

📌 Related: Geopolitics Drives USD/CHF – What Traders Need to Watch

Technical View: Eyes on Key Support Levels

Forex analysts note that if USD/CHF breaches the 0.8050 level, the next psychological support could lie around 0.8000, a major round number. On the upside, any recovery may face resistance near 0.8125.

Conclusion

The risk-off mood prevailing in global markets due to Middle East uncertainty continues to weigh on risk-sensitive currencies and bolster traditional safe-haven assets like the Swiss Franc. With tensions escalating, further volatility in the USD/CHF pair is highly likely.