CHF/MYR Surges to 14-Week High Before Slight Retreat to Close the Week Positively
CHF/MYR dipped slightly after hitting a 14-week high but closed the week with a 0.31% gain. The Swiss Franc’s safe-haven appeal amid geopolitical tensions supported its strength, while concerns over Malaysia’s economy and global rate hikes pressured the Ringgit. Technicals point to potential further upside, with key resistance near 5.2655.
