The Canadian dollar is facing renewed downward pressure as energy markets remain volatile and trade negotiations weigh on investor sentiment. Crude oil price swings continue to be a major headwind for CAD, given Canada's heavy dependence on energy exports. Beyond commodity price movements, uncertainty surrounding trade pacts—particularly concerning cross-border agreements—is adding another layer of risk to the currency's outlook. For crypto traders tracking macro trends, this kind of currency weakness in major developed economies often correlates with shifts in global risk appetite and capital flows. When traditional currencies face headwinds, some investors redirect allocations to alternative assets, making these economic signals worth monitoring closely.