EUR/USD Price Analysis: Bulls lose momentum as pair faces rejection at 100-day SMA

The EUR/USD pair faced a setback on Friday, declining by 0.44% to settle near 1.0450 after encountering firm resistance at the 100-day Simple Moving Average (SMA) around 1.0540.
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Mexican Peso weakens as GDP contracts in Q4, growth outlook dims

The Mexican Peso (MXN) lost some ground against the US Dollar (USD) on Friday as the Mexican economy decelerated in the last quarter of 2024.
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