Swiss Franc under Pressure as US President Trump Ends Iran Ceasefire

The Swiss stock index (SMI) closed Friday slightly in the green, though the week remained in negative territory. Market attention stayed on the stalled peace negotiations in the Middle East after US President Donald Trump used his Truth Social platform to declare the cease‑fire in the Iran conflict over, while noting that Tehran had asked to keep talks open and the United States had agreed to continue discussions.

In the foreign‑exchange market the US dollar firmed against the Swiss franc, trading at 0.8085, as investors priced in expectations of another Federal Reserve rate hike. The broader currency moves were muted ahead of the weekend, and the Iran‑related developments were judged to have limited direct impact on the CHF price.

The reporting also mentioned modest movements in the euro and euro/franc pair, with market participants focusing more on domestic monetary policy prospects than on the Middle‑East news.