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USD/CHF retreats by over 0.34% on Monday amid most G8 FX currencies appreciating against the US Dollar, as the Middle East conflict eases following the US and Iran agreeing to a peace deal. The pair trades at 0.7943, after reaching a high of 0.7968.

West Texas Intermediate (WTI) US Oil is falling sharply on Monday and trades around $79.15 at the time of writing, down 4.53% on the day.

According to the June 11-15 Reuters poll, all 35 economists predicted that the Swiss National Bank (SNB) would keep its policy rate at 0% this week. 28 economists ​who responded with forecasts until the end of 2026 saw rates staying at 0% the entire year.

The Australian Dollar (AUD) trims previous gains against the US Dollar (USD) on Monday, as markets ponder the peace agreement between the US and Iran, ahead of a central bank-busy week.

West Texas Intermediate (WTI) crude falls around 5%, reaching a three-month low of $78.60 per barrel on Monday. Crude oil prices declined to three-month lows on easing supply concerns following reports that the United States (US) and Iran had reached a deal to end their conflict.

The Euro (EUR) shows a positive stance against the British Pound (GBP) on Monday, with bulls pushing toward one-week highs in the 0.8645 area.

XAG/USD extends its gains for the third consecutive day, trading around $70.30 per troy ounce during the Asian hours on Monday. The technical analysis of the daily chart shows that the spot price is breaking above the falling wedge pattern, suggesting a potential bullish reversal.

West Texas Intermediate (WTI), futures on NYMEX, trade over 4% down to near $79.50 in the European trading session on Monday.

The GBP/USD pair trades 0.35% higher to near 1.3460 during the late Asian trading session on Monday. The Cable extends its week-long advance as market sentiment improves further, following the announcement that the United States (US) and Iran have reached a deal.

Silver price (XAG/USD) is up 4% to near $70.80 in the Asian trading session on Monday.