FXStreet (Edinburgh) - The Canadian dollar is following the rest of the risk-associated assets today, now sending USD/CAD to test daily lows in the mid-1.4400s. USD/CAD lower on Chinese GDP The bid tone around the Canadian dollar has accelerated along with the rest of the risk-associated assets as market participants have already digested earlier disappointing results in the Chinese economy. In addition, the barrel of West Texas Intermediate is recovering further and flirting with the $31.00 mark after dropping to sub-$30.00 levels in past sessions. USD/CAD significant levels At the moment the pair is losing 0.77% at 1.4446 and a breakdown of 1.4128 (20-day sma) would aim for 1.3793 (low Dec.24) and finally 1.3763 (3-month uptrend). On the other hand, the next hurdle lies at 1.4654 (high Jan.18) followed by 1.4672 (high Apr.24 2003) and then 1.4946 (high Apr.7 2003). For more information, read our latest forex news.