USD Futures Rebound as Iran Ends Military Operations, Oil Pares Gains

US equity futures have rebounded and crude oil prices have pared earlier gains following Iran's declaration of an end to its military operations, easing immediate geopolitical risk concerns that had rattled global markets. The de-escalation in Middle East tensions has reduced safe-haven demand, which had initially boosted the US dollar, Japanese yen, and Swiss franc during the risk-off phase. Oil-sensitive currencies such as the Canadian dollar (CAD) and Norwegian krone may see reduced volatility as crude prices retreat from session highs. The broader forex market is recalibrating risk premiums, with risk-on currencies like AUD and NZD potentially benefiting from the improved sentiment backdrop. USD pairs are likely to see mixed action as the greenback loses some safe-haven bid but benefits from the rebound in US futures. Traders should remain cautious as geopolitical situations can shift rapidly, and any resumption of hostilities could quickly reverse current market positioning. Key levels across major pairs should be monitored for breakout confirmation.