US shutdown end in sight as Democrats agree to funding deal — Bloomberg

The record-breaking US government shutdown is nearing an end after a group of centrist Senate Democrats agreed to support a deal to reopen the government and fund some departments and agencies for the next year, Bloomberg reported on Monday.

Under the agreement, federal employees would receive back pay, and states would resume delayed federal transfers. The measure would fund certain departments through January 30, while others would receive full-year appropriations.

Market reaction

At the time of writing, the US Dollar Index (DXY) is trading 0.15% higher on the day to trade at 99.70.