Wall Street view: The US dollar is heading higher (regardless of any Greek deal)

Greece is hardly fixed... but then again it hardly matters to the US Fed.

Summary: For those who are looking beyond the seemingly good news of the Greek deal, the story isn’t nearly as celebratory. Some economists worry the latest bailout isn’t likely to work better than previous deals, while risks remain that could undermine the deal.

Key take out: Though potential storm clouds loom, the markets for now seem to believe that a deal is a deal, and that an increase to US interest rates in September is still likely.

Key beneficiaries: General investors. Category: Economy.


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