USD/CAD extends its losses for the second successive session, trading around 1.4000 during the Asian hours on Wednesday. The pair loses ground as the commodity-linked Canadian Dollar (CAD) receives support from the higher Oil prices. West Texas Intermediate (WTI) Oil price gains ground for the second successive day, trading around $57.70 per barrel at the time of writing. Crude Oil prices appreciate after an industry report showed falling stockpiles. For the year, 83 of 117 economists expect the US Federal Reserve to cut interest rates twice, while 32 anticipate one cut.