The Canadian dollar is catching a bid as fresh concerns surface around Federal Reserve independence. When the Fed's autonomy gets questioned—whether due to political pressure or shifting policy signals—it typically weakens the greenback and strengthens other major currencies like the CAD. This dynamic matters for traders tracking cross-asset correlations. A softer dollar often coincides with risk-on sentiment in markets, which can influence capital flows into alternative assets. Keep an eye on Fed communication and any signals about policy direction; they could continue to fuel currency pairs and broader market movements.