[MARKET UPDATE] DXY falls under Friday's lows to a fresh 99.87 trough, whilst T-note futures tick higher and with crude futures at session lows, with the energy complex feeling heavy after reports regarding efforts to pause/end the Iranian war

The DXY's decline below Friday's lows indicates weakening demand for the USD, suggesting a shift in sentiment that could influence risk appetite and capital flows. Meanwhile, the rise in T-note futures may signal a flight to safety as traders react to geopolitical developments, particularly the potential cessation of the Iranian war, which is impacting crude prices negatively. This combination hints at a broader market reassessment of risk in light of evolving macro conditions.