The US dollar is retreating from its highest level in four weeks

The US dollar declined against the major currencies today, from its highest level in four weeks, as the main dollar index, which measures the performance of the US currency against 6 major currencies, fell by 0.039%.

The data showed that non-farm productivity in the United States rose at an annual rate of 3.7% in the second quarter after declining at a rate of 1.2% in the first quarter, and labor costs rose at a rate of 1.6% in the second quarter from 3.3% in the first quarter.

The euro rose against the US dollar by 0.04% to $1.094, the Japanese yen rose against the US dollar by 0.40% to 142.72 yen, and the British pound fell against the US dollar by 0.07% to $1.27.