Swiss Franc Falls as U.S. Postpones Strikes on Iranian Energy Infrastructure -- Market Talk

Dow Jones03-23

1239 GMT - The Swiss franc falls to a three-and-a-half-week low against the euro after news that the U.S. will temporary postpone attacks on Iranian power plants and infrastructures reduces demand for safe-haven assets. President Trump said on his Truth Social platform that the military strikes will be postponed for five days following constructive talks. This is subject to the success of ongoing meetings and discussions, he said. The euro rises to a high of 0.9145 Swiss francs, LSEG data show. The conflict had lowered the euro to 0.8979 francs on March 9, its lowest level since the Swiss National Bank removed its peg for the two currencies in 2015. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

March 23, 2026 08:39 ET (12:39 GMT)

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