The Canadian dollar has hit a six-week low, with its value potentially impacted by uncertainty surrounding the USMCA. Some analysts have cut their forecasts for the currency, citing the risk of this uncertainty affecting interest rate hike chances, while others suggest the dollar could strengthen if progress is made in the USMCA review. The outlook for the Canadian dollar is mixed, with some predictions more bullish due to easing geopolitical risk, but also facing various headwinds.