The Australian dollar has hit a new high against the euro as the local currency becomes increasingly popular as investors chase high-yield assets. The dollar was buying a record 85.17 euro cents overnight and also reached 104.46 US cents against the greenback - its highest level since the end of April.
PHOTO: The Australian dollar hit a high of 85.17 euro cents overnight.
High interest rates compared to those in Europe, the US and Japan, as well as Australia's triple-A credit rating have encouraged investors looking for higher returns.
(Really just wanted to get off that '666' post number lol!)