The dollar fell to a one-month low as Brent crude dropped about 4% on renewed diplomatic efforts to end the U.S.-Iran conflict. Lower oil prices eased inflation concerns, prompting markets to slightly scale back expectations of rate increases by major central banks. The DXY index fell to as low as 101.426, while the euro rose to an 11-day high of $1.1237. Investors now look to U.S. midterm elections Tuesday, tech earnings, and Friday's nonfarm payrolls report.
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