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MW:Dollar pushes lower vs. euro on Spain optimism
 
By Barbara Kollmeyer
MADRID (MarketWatch) -- The U.S. dollar continued to push lower Friday across the board, with the euro tracking higher in the wake of Spain's budget announcement the prior day. The dollar index, DXY -.00% , which measures the greenback against a basket of six major currencies, fell to 79.504 compared to 79.560 late in the North American session Thursday. The euro EURUSD +0.14% held its ground against the dollar, trading at $1.2917 from $1.2912 in late U.S. trading the prior day. Markets are awaiting the results of Spain's detailed bank stress tests and also a potential downgrade of the country's sovereign debt from Moody's Investors Service. Several pieces of U.S. economic data are also on tap for Friday including consumer spending and the UMich/Reuters consumer sentiment index.
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