"It's a strong retail sales number. The dollar picked up a bit on the data," said Brian Daingerfield, macro strategist at RBS Securities in Stamford, Connecticut.
The Commerce Department said domestic retail sales rose 0.8 percent last month, exceeding the 0.6 percent gain forecast of economists polled by Reuters.
The dollar index, which measures the greenback against six major currencies, was little changed at 100.06 after rising to 100.25 shortly after the retail sales report. It was as low as 99.45 earlier as U.S. yields were unchanged to lower.
The yield on two-year Treasuries rose to 1.029 percent, the highest since early January.
The dollar's rise moved in step with the surge in U.S. yields as Trump's victory a week ago led traders to pile on bets he and a Republican-controlled Congress would embark on tax cuts and federal spending to boost the economy.
However, they could be offset by possible restrictions on immigration and trade, which could hurt business activity, analysts say.
"We don't know whether and in what form Trump will follow through on what he campaigned on," said James Chen, head of research at Gain Capital in Bedminster, New Jersey.
Having hit an 11-month low of $1.0709 on Monday, the euro was up 0.1 percent to $1.0743.