Swiss Franc weakens as US Dollar gains on Fed rate hike bets

USD/CHF extends its gains for the fourth consecutive trading day, hovering near fresh 16-month high of 0.8314 during European hours on Monday. The pair rises as the US Dollar (USD) gains strength from hawkish comments made by Federal Reserve (Fed) officials.

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

• Source: FXStreet news
• 2026-09-28
• rates
• dollar

Topics: gold news, gold price impact, rates, dollar