According to CoinMeta, against the backdrop of declining oil prices, the Canadian dollar has become today's best-performing G10 currency, with its exchange rate against the US dollar falling by 56 basis points to 1.4005. Technically, the level of 1.3982 represents a 38.2% retracement from the May to June rally; if this level is broken, the target could be the 50% retracement at 1.3899 or the 61.8% retracement at 1.3817. Fundamentally, the Canadian economy released strong GDP data in the second quarter, and the market is optimistic about global economic growth and the sustainability of AI capital spending. In addition, today's rise in gold has provided strong support for the Canadian dollar. Over the past year, Canada's trade balance has seen significant fluctuations due to gold exports. Despite pressures in the crude oil market, the Canadian dollar has remained stable this week.