* Dollar index up to near 2014 peak in pre-holiday trade
* Traders shrug off soft U.S. consumer spending data
* Goldman Sachs sees long euro slide to dollar parity
* Russia's ruble at all-time low vs dollar
(Adds late prices, quotes, Goldman comment)
By Michael Connor
NEW YORK, Aug 29 (Reuters) - The dollar rose on Friday, with traders looking beyond soft U.S. consumer-spending data, while the steadily sliding euro won a reprieve on diminished expectations the European Central Bank will soon ease monetary policy.
Meanwhile, Russia's ruble
After setting 2014 peaks repeatedly this week, the dollar index
The report, which economists had expected to show a rise of 0.2 percent, prompted speculation among traders readying for a three-day holiday break in the United States that U.S. gross domestic product may grow less during the third quarter than currently forecast.
But traders still see promise in the U.S. economy despite the disappointing data about spending that accounts for 70 percent of GDP, according to Boris Schlossberg, managing director at BK Asset Management in New York.
"The market does not think it is a straw that breaks the camel's back," Schlossberg said. "The market thinks the consumer will catch up."
The dollar was trading up 0.33 percent against the Japanese yen
The euro was on track for a second straight month of losses as euro zone annual inflation has slowed to a five-year low of 0.3 percent, well below the ECB's "danger zone" of 1.0 percent.
The euro zone currency has shed 3.6 percent against the dollar in the past three months, partly due to the conflict in Ukraine, which is likely to weigh on growth in the bloc.
Euro weakness against the dollar will persist for years and will lead to price parity between the euro and the greenback, a new report by Goldman Sachs said.
"We are revising down our (euro/dollar) forecast to 1.29, 1.25 and 1.20 in three, six and 12 months (from 1.35, 1.34 and 1.30 previously)," the analysts wrote.
"We are also revising our longer-term forecasts lower, bringing the end-2015 number down to 1.15 (from 1.27), that for end-2016 to 1.05 (from 1.23) and that for end-2017 to 1.00 (from 1.20)."
In New York, the ruble dropped 1 percent to 37.1225 per dollar after hitting an all-time low of 37.207.
(Editing by Jonathan Oatis, G Crosse) ((michael.connor@thomsonreuters.com; +1-646-223-6309; Reuters Messaging: michael.connor.reuters.com@reuters.net))
((Currency bid prices at 1413 EDT (1813 GMT): Description RIC Last U.S. Close Previous Session Pct Change YTD Pct Change High Bid Low Bid Euro/Dollar EUR=$1.3140 $1.3182 -0.32% -4.40% +1.3196 +1.3137 Dollar/Yen JPY= 104.1000 103.7000 +0.39% -1.00% +104.1000 +103.6600 Euro/Yen EURJPY= 136.78 136.70 +0.06% -5.75% +137.1900 +136.5800 Dollar/Swiss CHF= 0.9180 0.9151 +0.32% +2.82% +0.9182 +0.9140 Sterling/Dollar GBP= 1.6573 1.6584 -0.07% +0.10% +1.6613 +1.6573 Dollar/Canadian CAD= 1.0867 1.0860 +0.06% +2.33% +1.0873 +1.0811 Australian/Dollar AUD= 0.9331 0.9351 -0.21% +4.69% +0.9362 +0.9333 Euro/Swiss EURCHF= 1.2062 1.2061 +0.01% -1.70% +1.2066 +1.2055 Euro/Sterling EURGBP= 0.7927 0.7945 -0.23% -4.46% +0.7958 +0.7924 NZ Dollar/Dollar NZD= 0.8357 0.8381 -0.29% +1.84% +0.8397 +0.8357 Dollar/Norway NOK= 6.1908 6.1767 +0.23% +2.05% +6.1960 +6.1706 Euro/Norway EURNOK= 8.1366 8.1441 -0.09% -2.42% +8.1595 +8.1305 Dollar/Sweden SEK= 6.9837 6.9708 -0.16% +8.74% +6.9865 +6.9434 Euro/Sweden EURSEK= 9.1745 9.1894 -0.16% +3.48% +9.1929 +9.1566 All spots FX= Tokyo spots AFX= Europe spots EFX= Volatilities FXVOL= Tokyo Forex market info from BOJ TKYFX World central bank news CEN Economic Forecasts... ECON Official rates...INT/RATEForex Diary.......MI/DIARY Top events........M/DIARYDiaries...........DIARY Diaries Index........IND/DIARY Press Digests.....PRESS Polls on G7 economies..SURVEY/European markets......MARKETS/))



















