Risk-off sentiment drives USD/CHF higher as equity markets face pressure

USD/CHF climbed 0.4% to 0.9185 as risk-averse sentiment dominated forex markets amid broad equity selloffs. The Nasdaq 100 futures declined 1.2% while S&P 500 futures dropped 0.9%, prompting investors to seek safe-haven currencies. The Swiss franc's traditional haven status was overshadowed by dollar strength, as US yields remained elevated despite equity weakness. Gold prices retreated 0.8% to $2,635, reflecting reduced inflation hedging demand and stronger dollar dynamics. Commodity markets broadly weakened, with oil prices falling 1.5% on demand concerns. The risk-off environment benefits the dollar against most currencies except the Japanese yen, which gained on safe-haven flows. Technical analysis shows USD/CHF approaching resistance at 0.9200, with momentum indicators suggesting potential for further gains. Traders are monitoring equity market stability as a key driver for near-term currency movements.