Swiss Market Ends Sharply Lower on US-Iran Tensions

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Published: 44 minutes ago

Switzerland's stock market closed sharply lower Monday as hopes for a US-Iran peace deal faded after Tehran accused the US of ceasefire violations. The renewed geopolitical tensions dampened risk sentiment across European markets. CHF may strengthen as a safe-haven currency amid escalating Middle East tensions. Traders should monitor USD/CHF for potential downside moves as investors seek Swiss franc safety during geopolitical uncertainty.

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