Geopolitical tensions involving Iran and the US continue to influence market sentiment, with Tehran's forthcoming diplomatic response adding a layer of uncertainty. Despite this, the US dollar has softened across major pairs, notably boosting EUR/USD by 0.4%, supported by subdued European trading activity. US equity futures reflect cautious optimism, nudging higher alongside a slight pullback in oil prices from their recent peaks. Traders should monitor Iran's official stance as it may trigger volatility, while the interplay of weaker dollar dynamics and easing crude prices could shape short-term currency and equity movements.