SINGAPORE: The US dollar remained largely stable on Monday following the conclusion of the first round of US-Iran negotiations in Switzerland, as geopolitical tensions and shifting global policy expectations kept currency markets cautious. Meanwhile, oil prices eased by more than 1% after the announcement, with Brent crude last trading at $79.36 per barrel, reflecting relief over potential diplomatic progress. The talks ended with mediators Qatar and Pakistan announcing a 60-day roadmap towards a potential final agreement, offering tentative optimism for easing a conflict that has weighed on global financial sentiment. However, continued tensions, including warnings from US President Donald Trump of renewed military action and Iran’s announcement of a closure of the Strait of Hormuz, kept investors on edge.