Beware of Greeks Bearing Gifts

So,it appears market is awaiting the decision by the EU, the ECB and the IMF; whether they will approve the next round of bail-out funding for Greece. 

A cash crunch and default may lead to the Greek exit from the Eurozone; setting a precedence, which the EU and ECB is fearful of.

An agreement to prevent default and keep Greece in the currency bloc, is therefore the most likely outcome. This would be euro supportive and by extension, good for the swiss franc and sterling as well.

 
 I think short dollars is still the way to go.