Swiss Franc advances as risk-on mood weakens USD

USD/CHF extends its losing streak for the fourth consecutive day, trading around 0.7820 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) declines on fading safe-haven demand amid increasing optimism over a potential US-Iran agreement, which has eased broader market concerns about inflation and impending Federal Reserve (Fed) interest rate hikes.According to an Axios report citing a US official, the United States (US) and Iran are close to signing an…

Business

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Charging power bank in checked bag forces easyJet flight to divert to Rome

An international flight diverted to Rome this week after a passenger informed the crew that they had a power bank charging in their checked baggage, according to multiple reports. The London-based easyJet plane was flying from Hurghada, Egypt to London’s Luton Airport on Tuesday evening when the incident happened.”No one…

Investing

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