The U.S. dollar index decreased against most other major currencies in late trading on Friday, as the euro was boosted by the news that European leaders eventually reached a deal on migration.

Following a white-night, marathon talk at a summit, European leaders eventually reached a compromise on migration in the early hours of Friday.

According to summit conclusions, member states of the European Union (EU) will, on a voluntary basis, set up so-called "controlled centers" to host and transfer migrants that landed on EU shores.

The euro traded sharply higher against the U.S. dollar as traders believed the migration deal will remove some political risk that had been hanging over the euro.

On the economic front, U.S. personal income increased 60 billion U.S. dollars, or 0.4 percent in May, in line with market consensus, according to estimates released by the Commerce Department on Friday.

Meanwhile, disposable personal income increased 63.2 billion dollars, or 0.4 percent, in May, while personal consumption expenditures increased 27.8 billion dollars, or 0.2 percent.

The dollar index, which measures the greenback against six major peers, decreased 0.68 percent at 94.662 in late trading.

In late New York trading, the euro was up to 1.1666 dollars from 1.1555 dollars in the previous session, and the British pound increased to 1.3190 dollars from 1.3071 U.S. dollars in the previous session. The Australian dollar rose to 0.7396 dollar from 0.7347 dollar.

The U.S. dollar bought 110.89 Japanese yen, higher than 110.62 Japanese yen of the previous session. The U.S. dollar decreased to 0.9913 Swiss franc from 0.9986 Swiss franc, and it fell to 1.3147 Canadian dollars from 1.3272 Canadian dollars.