The US dollar is trading near a 10-day low after reports of a peace deal between the United States and Iran. Multiple outlets say the news drives market expectations of reduced geopolitical risk, contributing to a decline in the dollar. Oil prices fall sharply following the reports, which in turn shifts investor sentiment toward riskier assets. As energy prices ease, some investors rotate away from defensive positioning, supporting broader gains in risk-oriented markets. Analysts cited by one outlet expect further pressure on the dollar in the days ahead, though the specific timing and details of the agreement are not elaborated in the provided summaries. In parallel with the dollar’s weakness, other major currencies, including the euro and the British pound, strengthen against the US dollar, reflecting the same shift in trading sentiment. Overall, the reports focus on the dollar’s move to around a 10-day low, the accompanying drop in oil, and the associated gains for risk assets and select non-US currencies.