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EURUSD & geopolitical tensions in the coming months

The US dollar was mixed against its major trading partners early Monday — up versus the yen and Canadian dollar, down versus the euro and pound — as markets begin to prepare for semiannual testimony from Federal Reserve Chairman Jerome Powell on Wednesday and Thursday and the release of the February employment report Friday.

The week starts light with no major US data scheduled, but Philadelphia Fed President Patrick Harker is set to speak at 11:00 am ET. Harker next votes on the Federal Open Market Committee in 2026.

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