The Rupee opened stronger on Friday and may snap a four-day losing streak, helped by ?a broadly weaker dollar after a tepid U.S. jobs report pushed back market ?expectations for imminent rate hikes by the Federal Reserve. The dollar index , which ?measures the greenback against a basket of currencies, was 0.2% ?lower at 100.77 after a 0.5% decline on Thursday. It is ?on course for its biggest weekly drop since early April. Data on ?Thursday showed that U.S. job growth slowed sharply in June and payroll gains for the ?prior two months were revised lower, pointing to a cooling labour market. This prompted traders in the interest rate futures market to lower the odds of a Fed rate hike in ?September to about 53% from roughly 75% before the employment report. While a broadly weaker dollar should offer comfort to the rupee, traders will ?keep an eye on how merchant and portfolio flows ?shape up. The U.S. dollar was on track for the biggest ?weekly drop in nearly three months on Friday, after a tepid June jobs report pushed back ?markets expectations for Fed rate hikes, providing some relief for the embattled yen. Softness in the greenback continued in early Asian trade, with the euro hovering near its two-week peak at $1.1442. Sterling was also firm at $1.3361 and on track for a 1.2% weekly gain, its best in ?nearly three months. The risk-sensitive Australian dollar fetched $0.6935 , set to snap a four-week losing streak. New Zealand's kiwi ?traded at $0.5702 , up 1.2% for the week. The dollar index , which measures the greenback against a ?basket of currencies including the yen and the euro, was 0.2% lower at 100.77 after a 0.5% decline on ?Thursday. It is currently down 0.58% for the week, the biggest weekly drop since early April. The Japanese yen last traded ?at 161.01 per dollar ?after rallying nearly 1% in the previous session, lifting the currency from multi decade-lows as the greenback wobbled. The Bank of Japan should continue to raise interest rates at a moderate pace to rectify excessive yen declines, Toshihiro Nagahama, a government panel member known as an economic aide to dovish Prime Minister Sanae Takaichi. Oil prices rose slightly on Friday before a long holiday weekend in the U.S. as wary optimism held ?over efforts to make peace in the Middle East ?between the United States and Iran. Brent futures were up 17 cents, or 0.24%, to $72.10 a barrel as of 0155 GMT. West Texas Intermediate was up 14 ?cents, or 0.20%, to $68.83 a barrel.......