The Australian Dollar may extend a 5-month surge against its US counterpart as time-cycle analysis suggests a bullish 8-year rotation is afoot.

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The Nasdaq Composite climbed 0.42% to a record high of 11,311, sending the major Asia-Pacific stock indices higher. However, 72% of the S&P 500 components ended lower.

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The Australian Dollar may extend its recent 5-month surge against its US counterpart as time-cycle analysis suggests a bullish 8-year rotation is afoot.

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The Nasdaq Composite climbed 0.42% to a record high of 11,311, sending the major Asia-Pacific stock indices higher. However, 72% of the S&P 500 components ended lower.

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The Australian Dollar may extend its recent 5-month surge against its US counterpart as time-cycle analysis suggests a bullish 8-year rotation is afoot.

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