USD/CHF Surges as Risk Rally and Rising Yields Pressure Swiss Franc

USD/CHF has broken higher as improving risk sentiment and rising US Treasury yields flip the script on the traditionally safe-haven Swiss franc. The Dollar Index strengthened while US 5-year and 7-year yields climbed notably, increasing the yield differential in favor of the dollar. The Swiss franc's haven appeal diminished as global risk appetite improved, with investors rotating out of defensive positions. The move higher in USD/CHF reflects both dollar strength from higher yields and franc weakness from reduced safe-haven demand. Technical analysis shows the pair breaking above key resistance levels, with momentum indicators turning bullish. The combination of widening yield differentials and shifting risk dynamics suggests further upside potential for USD/CHF. Traders should monitor US yield movements and global risk sentiment as primary drivers, with the pair now targeting higher resistance zones around recent highs.