Even with a Fed rate hike, dollar can weaken further: Credit Suisse

Credit Suisse analyst Ray Farris says the dollar index, down more than 2% for 2018, can weaken further even with the Fed widely expected to hike rates at its March 21 meeting. He notes that early stages of Fed hike cycles have historically seen the dollar fall for a period.

He argues the dollar has room to weaken until U.S. yields rise substantially.