Dollar dips, trade thins on May Day after stormy week

A holiday in most of Europe on Friday thinned trade after a tumultuous week which has seen the dollar collapse in value, bond yields soar and stock markets in Europe and the United States weaken. The action, driven on by shockingly poor U.S. first quarter growth numbers on Wednesday, sent the dollar down 6 percent in just over a week, Bund yields racked up the biggest two-day jump since the depths of the euro zone crisis in 2011, and European stock markets have fallen for four days in a row. All