The dollar index (DXY00) Tuesday rose by +0.04% and posted a 4-week high. Persistent weakness in the euro benefits the dollar as political upheaval in France knocked the euro down to a 5-week low Tuesday. Also, the dollar is supported by expectations the Fed will leave policy unchanged at the conclusion of the 2-day FOMC meeting on Wednesday. The dollar fell back from its best levels Tuesday after a decline in T-note yields supported a recovery in stock prices. The markets are discounting the chances for a -25 bp rate cut at 1% for the June 11-12 FOMC meeting, 8% for the following meeting on J…