The Rupee opened steadier on Monday following a pullback in the dollar amid the Greenland dispute. President Donald Trump on Saturday vowed to implement a wave of increasing tariffs on European allies until the United States is allowed to buy Greenland. Investors responded to the news by selling the dollar, offloading U.S. equity futures and bought into safe havens. The dollar declined against its major peers and most Asian currencies on Monday. Futures on the S&P 500 index dropped 0.8%, while the euro advanced. European Union ambassadors reached a broad agreement on Sunday to intensify efforts to dissuadeTrump from imposing tariffs on European allies, while preparing retaliatory measures should the duties go ahead. The flare-up in tensions over Greenland comes at a time when the rupee is already grappling with sustained pressure from persistent equity outflows and increased hedging driven by depreciation expectations. The strain was most evident on Friday when the currency posted its largest one-day decline in nearly two months and inched closer to its all-time low of 91.0750. The dollar ?fell on Monday as investors unnerved by U.S. President Donald Trump's latest tariff threats against Europe over Greenland ?piled into the safe-haven yen and Swiss franc, in a broad risk-averse move across markets. Trump said over the weekend he would impose an additional 10% import tariff from February 1 on goods from Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland and Britain, until the United States is allowed to buy Greenland. In the foreign exchange market, the initial knee-jerk reaction in early Asia ?trade was to sell the euro and sterling , in a move that pushed them to a seven-week low and one-month trough of $1.1572 and $1.3321, respectively. However, the two currencies bounced from their lows and it was the dollar that came under pressure as the ?trading day got underway, as investors assessed the longer-term implications of Trump's latest move on the greenback's standing. That helped the euro reverse its losses as it gained 0.21% to trade at $1.1623, while the British pound similarly recovered 0.11% to $1.3390. Investors had dumped the dollar in the wake of last April's "Liberation Day" announcement when Trump unveiled sweeping tariffs on the world, triggering a crisis of confidence in U.S. assets. A similar trend played out on Monday, as the greenback slid 0.36% against the safe-haven Swiss franc to 0.7993, and was down 0.24% to 157.74 yen . In Asia, data on Monday showed China's economy grew 4.5% in the fourth quarter from a year earlier, a touch above analysts' expectations and bang in line with the government's annual growth target. The onshore yuan was little changed at 6.9647 per dollar following the release, while its offshore ?counterpart was a touch stronger at 6.9608 per dollar. Oil prices were up slightly on Monday, after the previous session's rise, as Iran's deadly crackdown on protests quelled civil unrest, narrowing chances for a U.S. attack on the major Middle Eastern producer that could disrupt supplies. Brent crude was trading at $64.19 a barrel by 0327 GMT, up 6 cents or 0.09%.......