Not so sure about that. The dollar is going to be a very messy trade and in my opinion, that is not where the beta is. The beta is in short oil, short financials, short copper and perhaps short e-mini's.
dollar hitting res and eur usd at supp http://www.elitetrader.com/vb/showthread.php?s=&postid=3527065#post3527065
You better be watching your little girl AAPL King. She really needs you down here. Sitting at the weekly and intra-day A down around the 550-551 level. If this level doesn't hold...
saw a report about 800 million euros taken out of Greek banks, have you see seen "its a wonderful life". I don't think George Bailey could help us on this one. What would be worst case downside on euro if Greece exits.....I know this is rhetorical
I can't speak to the financial implications, but it's not in the European ethos to allow Greece to leave. I am not saying they won't, and I know the situation is INSANE, but given the historical/cultural practices of Europe, despite almost utter despair it just isn't a given that Greece will exit. Now others may disagree. That's fine. I don't have a trade based on this belief, just too many years spent in school studying international relations.