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U.S. dollar gains with government shutdown averted *PIC*

U.S. dollar gains with government shutdown averted ( DXY ) (by Myra P. Saefong)

SAN FRANCISCO (MarketWatch) -- The U.S. dollar traded modestly higher against most of its major rivals Monday morning, finding support after the U.S. government managed to avert a shutdown after a last-minute budget deal. The dollar index (dxy) was at 74.954, up from 74.892 in late North American trading Friday. But the government agreement for "yet another budget stopgap" will do little to alleviate downward pressure on the USD, strategists at Barclays Capital said in a note to clients. "A game changer for the USD would be if Fed rhetoric becomes more hawkish."