How will it affect the U.S. dollar?
Aside from contributing to roughly two-thirds of the GDP, strong retail sales usually indicate that consumers are very confident with their financial standing and economic outlook. Because of that, another rise in retail sales could provide some assurance that the U.S. economy could still survive even without additional stimulus from the Fed. If this is enough to drown out speculations about further QE, then it could provide a boost for the U.S. dollar.
