Swiss Franc declines as US Dollar rises on Fed rate hike bets

USD/CHF continues its winning streak for the fifth successive trading day, reaching its fresh 16-month high of 0.8327 during Asian hours on Tuesday. The pair gains support as the US Dollar (USD) rises amid ongoing uncertainty surrounding US-Iran negotiations, keeping oil prices elevated.

Gold impact rationale

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

• Source: FXStreet news
• 2026-09-29
• rates
• dollar

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