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Germany IFO – Business Climate registered at 87.6, below expectations (88.2) in December

USD/CAD Price Forecast: Tests upper descending wedge boundary near 1.3800

USD/CAD gains ground after registering modest losses in the previous session, trading around 1.3780 during the European hours on Wednesday. The daily chart suggests a potential upside breakout, with falling, converging trendlines forming a bullish descending wedge pattern.
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Germany IFO – Expectations came in at 89.7, below expectations (90.5) in December

Germany IFO – Expectations came in at 89.7, below expectations (90.5) in December
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