The dollar index rose 0.04% on Friday, recovering from a six-week low as higher Treasury yields and stronger-than-expected US economic data supported the greenback. The US second-quarter employment cost index rose 0.9%, beating the 0.8% forecast, while the July MNI Chicago PMI unexpectedly climbed to 57.6 against expectations of a decline to 56.0, and the University of Michigan’s July consumer sentiment index was revised up to a five-month high of 55.2. Dallas Fed President Lorie Logan added to the dollar’s momentum with hawkish remarks, saying modest near-term policy restraint would reduce the need for sharper action later. Markets now price a 67% probability of a quarter-point rate hike at the September FOMC meeting.