The Swiss Franc declined against both the US Dollar and the Euro on Monday, reflecting an improved risk appetite among investors as the US and Iran commenced diplomatic talks, according to FX Street.

US Vice President JD Vance described the start of the US-Iran negotiations as a positive development, further supporting market sentiment and encouraging a move away from traditionally safe-haven currencies like the Swiss Franc.

For Japanese investors, these shifts highlight the sensitivity of FX markets to geopolitical developments, which can influence currency valuations and cross-border investment strategies.