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Dollar edges higher, with all eyes on the Federal Reserve.

The U.S. dollar edged higher in early holiday-impacted European trade Monday, at the start of a week that includes policy-setting meetings from the Federal Reserve and the European Central Bank, as well as the monthly U.S. jobs report.

At 02:05 ET (06:05 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, traded 0.2% higher at 101.570.