Dive Summary:

• The U.S. dollar is currently experiencing an extended rally against all major currencies upon "good data," according to a report.
• The overall increase in U.S. retail spending was small; retail sales saw a spike of 0.6%, the strongest pace of growth in 2013.
• Total spending for the first month in the second quarter saw gains, an encouraging sign as the Federal Reserve plans to reduce stimulus.

From the article:

Today’s report should help the dollar sustain its gains especially after a weekend Wall Street Journal article by noted Fed watcher Jon Hilsenrath that says the central bank has “mapped out a strategy for winding down an unprecedented $85 billion-a-month bond-buying program.”