The Rupee opened weaker on Wednesday weighed by higher U.S. Treasury yields, which have in ?turn weakened Asian currencies and dampened risk appetite. Over ?the past two-and-a-half weeks, the rupee has broadly traded in a ?94.10–94.90 range, with downside seen capped by likely Reserve Bank of India ?intervention. The central bank has been selling dollars ahead of the 95 level, ?traders said, making it a key threshold to watch. Losses in Asian currencies were led by the Korean ?won ?and the Indonesian rupiah, while regional equities and U.S. equity futures dipped. The rise in U.S. Treasury yields dampened demand for Asian currencies and weighed on risk sentiment. The 10-year U.S. yield rose 4 basis points in Asian trading ?to 4.4650%, adding to ?Tuesday’s 6 ?bps increase. Markets now price in around an 80% chance of a Federal Reserve rate hike in September. Data released on Tuesday ?showed U.S. job openings climbing to a two-year high ?in May, ?underscoring the resilience of the labour market and undermining demand for bonds. The release marks the first in a string of key U.S. employment indicators this week, culminating ?in ?Thursday’s non-farm payrolls report. The dollar got a boost from a sharp rise in Treasury yields and pushed ?the yen to a 40-year trough on Wednesday, as traders braced for a crucial U.S. jobs report ?and ramped up bets on an imminent Federal Reserve rate hike. The dollar rose to a fresh top of 162.77 yen in the early Asian session, well above levels that prompted Japanese authorities to intervene a few months ago to shore up the ailing currency. The euro fell 0.07% to $1.1413, while sterling eased 0.09% to $1.3252. Against a basket of currencies, the dollar steadied at 101.24. The rise in the greenback came on the heels of a 9-basis-point intraday rise in ?the 10-year U.S. Treasury yield on Tuesday, before it ended the session some 4.8 bps higher. The 2-year yield was up 3 ?bps in the previous session and last stood at 4.1702%.Analysts said there was no clear catalyst behind the moves, though they could have ?partially been ?driven by some month-end positioning. Elsewhere, ?the Australian dollar fell 0.18% to $0.6907, while the New Zealand dollar was down 0.04% at $0.5674. Oil prices rose on Wednesday on concerns breakdowns in ?discussions between Iran and the U.S. for a final agreement to end their war may extend supply disruptions in the key Middle East producing region. Brent futures rose 33 cents, or 0.45%, to $73.28 a barrel at 0339 GMT, while U.S. West Texas Intermediate (WTI) crude ?climbed 34 cents, or 0.49%, to $69.84 a barrel.......