The US dollar is showing weakness amid uncertainty about the Fed's next steps and concerns about tariffs. The dollar index fell to its lowest level since late April, and has lost 9% since the beginning of the year. The euro strengthened to a seven-week high. Still, investors expect the Fed to leave rates unchanged at its next meeting despite Trump's calls for a cut. Soft inflation data strengthened expectations of a possible rate cut by September, but the regulator prefers to wait for new signals from the economy.EUR/USD is trading within the local resistance zone: 1.1500-1.1570.