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Upsides of Social Media MarketingNew Web Hosting Pioneer Emerges, Offering Affordable Hosting Solutions Coupled with…The US dollar’s gains stalled last week, and on Tuesday, it lost a third of a cent against a basket of major currencies to 105.4 from a peak of 106.3 the week before.
The dollar was somewhat overheated after the 10-12 April spike. In addition, earlier this month, the DXY entered the turning area of last October. As it often happens, the ascent to the previous extremums is fast, but their overcoming indicates a change of the market regime, which happens only after a significant shakeout.
Now, there are higher chances for deepening the DXY correction with the potential to go down to 105.3 or even to the area of 104.8-105.0, where many turning points are concentrated. Such a plunge would increase the appeal of buying the dollar against major currencies, removing the technical overheating.
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Nigeria/South Africa: Paris 2024 - Minister Charges Super Falcons to Break Jinx in South AfricaThe Minister of Sports Development, John Owan Enoh, has tasked the Super Falcons of Nigeria to defeat their South African counterparts in the second leg of their Olympic qualifiers on Tuesday in Pretoria.
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South Africa: Will South Africa's Voters Survive the Disinformation Deluge?The biweekly report by the Centre for Analytics and Behavioural Change (CABC) sheds light on what they describe as concerning trends in online activity leading up to South Africa's general elections.
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South Africa: Zimbabwean Migration to South Africa - How Technology Helps Keep Families TogetherAnalysis - Political instability and economic decline in Zimbabwe have accelerated migration to South Africa in the last two decades. Because of the overriding socio-economic focus of the migration, people often fail to understand the effects on the migrants and their families.
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South Africa: EFF and MK Party Dominate South Africa's Online Election DebateIn the lead-up to South Africa's 2024 national elections, the Economic Freedom Fighters (EFF) and the uMkhonto weSizwe Party (MKP) are dominating the online conversation, according to this biweekly report from the Centre for Analytics and Behavioural Change, which analyzed the conversation between 18 March and 1 April 2024.
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South Africa: 30 Years On, South Africa Still Dismantling Racism and Apartheid's LegacyRethabile Ratsomo said it's the little things that remind her of her perceived 'place' in South African society.
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South Africa lost 20% of its dollar millionaires in 10 yearsA new report shows the number of millionaires in Africa fell sharply in the past decade, with South Africa hit particularly hard.
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