The US Dollar weakens the European Agreement on Migration



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European leaders reached an agreement on European migration on Friday.

The US dollar depreciated against most other major currencies on Friday. The phenomenon occurs because the euro is backed by reports that European leaders have finally reached an agreement on migration.

After marathon discussions at a summit, European leaders finally found a compromise on migration on Friday 29/6. According to the conclusions of the Summit, EU Member States will create, on a voluntary basis, what are called "monitoring centers" to receive and transfer migrants who land on the coast of the EU. 39, European Union.

US household income rose $ 60 billion, or 0.4% in May, in line with market consensus. , according to estimates released by the US Department of Commerce on Friday (29/6). Meanwhile, " personal disposable income " (self-employed income) increased by $ 63.2 billion, or 0.4% in May, while private consumer spending increased by 27%, $ 8 billion, or The US dollar index, which measures the greenback against six major currencies, fell from 0.68% to 94.662 at the end of the session.

At the end of the period, the euro rose from US $ 1,1666 to US $ 1,1555 at the previous session, and the British pound went from US $ 1.3071 to US 1, 3190 United States dollar at the previous session. The Australian dollar rose from 0.7347 dollars to 0.7396 dollars

The US dollar bought 110.89 Japanese yen, or more than 110.62 Japanese yen in the previous session. The US dollar fell to 0.9913 Swiss francs against 0.9986 Swiss francs and fell to 1.3147 Canadian dollar against 1.3272 Canadian dollar.

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