Reuters: US Dollar Report: Dollar index hits two-month low

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Dollar index hits two-month low May 1st 2012, 08:12 LONDON | Tue May 1, 2012 4:12am EDT LONDON May 1 (Reuters) - The dollar fell to a two-month low against a basket of currencies in thin liquidity on Tuesday, weighed down by weaker-than-expected U.S. data the previous day that fuelled bets the Federal Reserve would maintain a dovish monetary policy stance. The dollar index fell to 78.622, its lowest level since Feb. 29. Traders reported thin market liquidity as a result of a European public holiday.

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