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1 Feb 2018

The UK to launch a Gold-back cryptocurrency

Reuters reports the latest headlines on the crypto markets, citing that the UK’s Royal Mint is planning to launch its own gold-backed cryptocurrency.

Key Details:

One RMG coin is equal to one gram of gold, a digital representation of gold stored in The Royal Mint vault.

It’s called Royal Mint Gold ... or RMG amongst friends.

Meanwhile, Tom Coghill, Commercial Director at Royal Mint and responsible for the business development and sales of RMG, noted: "its real gold you're holding when you're holding our RMG". 

Feb 1, 2018

AUD/USD - No reaction to China Caixin Mfg. PMI

The Caixin China general manufacturing PMI for January printed in line with the estimate of 51.5. The official report says- Output growth hit a 13-
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Feb 1, 2018

AUD/NZD knee-jerks on Aussie data, corrects following China PMI

AUD/NZD is once again trading around 1.0940 as of writing; price quickly cleared yesterday's low before returning to the range established during the
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