The USD/CHF currency pair extended its winning streak to seven consecutive sessions on Monday, reaching a six-week peak at 0.8195 before settling lower near 0.8169, according to FX Street.
This marks a continued upward momentum for the pair, which saw gains of around 0.05% during the trading day. Despite the late pullback, the currency maintained strength above the 0.8200 psychological level earlier in the session.
For Japanese investors, the USD/CHF movement reflects broader trends in safe-haven currencies amid ongoing global market uncertainties, influencing portfolio allocations across FX and equities.