The USD/CAD pair encounters challenges as it fails to build upon the modest recovery from the previous day. This recovery appeared to strengthen when the prices lingered near the year-to-date low. During the Asian session on Thursday, the pair meets fresh selling pressure while trading around the 1.3815 region, reflecting a 0.15% decline for the day. The fluctuations in oil prices and the current weakness of the USD influence the ongoing movement in USD/CAD. Traders are encouraged to monitor these shifts as they suggest underlying market sentiment and trading opportunities in the Canadian dollar.