USD Continues to Rise on Strong Retail Data and Easing Tensions with North Korea

• U.S. retail sales grew more quickly than expected, which is a positive indication of economic activity south of the border
• North Korea stated today that is has delayed a decision to launch missiles towards Guam, which further eased fears of a U.S.-North Korea nuclear standoff
• Oil moved lower this morning, with ongoing concerns regarding global supply continuing to weigh on prices
• Pound Sterling is down this morning after inflation came in flat, which was below expectations, and raised concerns over the timing of future rate increases in the UK