“The EU accord is helping to boost sentiment in the euro area,” said Karl Schamotta, director of global product and market strategy, at Cambridge Global Payments in Toronto.
The euro was up 0.85 percent against the dollar at $1.1665.
Schamotta also pointed to a rally in the British pound to a two-day high after a better-than-expected revision to Britain’s first-quarter economic growth raised hopes of monetary policy tightening in the coming months, as pressuring the greenback.
Data on Friday showed consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 0.2 percent in May. Data for April was revised down to show spending rising 0.5 percent instead of the previously reported 0.6 percent jump.