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Traveler's Checks in American or Eurodollars?

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We're planning a trip to Spain and Belgium soon and deciding on how much currency to take with us. Would anyone even accept Traveler's checks in american currency or should we take all of our checks in Eurodollars? We're trying to avoid having leftover Eurodollars that we later have to convert to US dollars (when we get back home). Would it be better to have cash for restaurants and shopping, credit cards, or American Express travelers checks? Also, if I only have Eurodollars, will I find a need for Pesetas in Spain or Belgian Francs in Belgium? Thanks for your input

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