The USD/CAD pair attracts some follow-through sellers for the third consecutive day and drops to its lowest level since October 2024 during the Asian session on Thursday. Crude Oil prices rise to a four-month high due to rising geopolitical risks and continued Chinese buying. This, in turn, underpins the commodity-linked Loonie, which, along with a bearish US Dollar (USD), continues to exert downward pressure on the USD/CAD pair and validates the near-term negative outlook. The outlook, however, does little to influence the Canadian Dollar (CAD), leaving the USD/CAD pair at the mercy of the USD. Apart from this, Oil price dynamics might contribute to producing short-term trading opportunities around the USD/CAD pair.