The Canadian dollar has been weak among G10 currencies, with the underlying push pointing to risk premiums brought about by the escalation of the Venezuela situation. As geopolitical uncertainties intensify and risk aversion dominates the market, high-interest-rate currencies tend to be the first to be affected. This adjustment also reflects the global currency market's sensitive response to risk factors — from the perspective of commodity-exporting countries, the pressure on the Canadian dollar may be difficult to alleviate in the short term unless there is a geopolitical turnaround or a decline in risk aversion.