The Rupee opened stronger on Monday, as a lack of progress in U.S.-Iran peace talks lifted oil prices, while traders also anticipate ?elevated foreign portfolio outflows to weigh on the currency. Brent oil prices rose more than 2.5% to $93.4 per barrel as Israel stepped up incursions into Lebanon, dimming expectations that the ?U.S. and Iran could soon announce an extension to their ceasefire agreement. The rise in ?oil prices drove down most Asian currencies, with the Korean won leading losses, ?sliding 0.9%. The rupee is also expected to be under pressure, with the strain likely to ?be amplified by heavy foreign portfolio outflows. The U.S. dollar held steady on Monday after a weekly loss as markets awaited the results of peace talks in the Middle East and signals on the timing of central bank rate hikes. The dollar index edged ?lower last week on hopes for a deal between the United States and Iran to open the Strait ?of Hormuz shipping lane for oil. U.S. President Donald Trump said on Friday he would soon decide on a proposed deal to extend the Iran ceasefire. U.S. jobs data later in the ?week will be in focus as Federal Reserve officials signal that the U.S. central bank may need to raise ?rates if the war accelerates already-high inflation. The dollar index of the greenback against a basket of currencies including the yen and the euro, was flat at 99.00, after last week's drop of 0.4%. The euro fell 0.08% to$1.165. The yen weakened 0.08% to 159.41 per dollar. Sterling slipped 0.07% to $1.3449. A ?proposed deal would extend the U.S.-Iran ceasefire by 60 days and allow traffic to resume through the waterway, in normal times ?a conduit for a fifth of global shipments of crude oil and LNG, while negotiators work through contentious issues. A senior Iranian source told ?Reuters an ?agreement was close but had not yet been approved. U.S. nonfarm payrolls data due on June 5 are expected to show an unemployment rate of 4.3% and an increase of 85,000 jobs, according to a Reuters poll as of Friday. The ?Australian dollar traded flat at $0.7181 against the greenback. New Zealand's kiwi fell 0.17% to $0.5978. Gold inched lower on Monday, pressured by ?a stronger dollar and rising crude oil prices, as investors awaited U.S. President Donald Trump's decision on a proposed deal to extend the ceasefire with Iran. Spot gold was down 0.4% at $4,518.09 per ?ounce, as of 0306 GMT, after hitting a two-week high in the ?previous session. U.S. gold futures for August delivery fell 1% to $4,548.90.......