Hopes that Greece may be able to avoid a default on its debts have sent the Australian dollar soaring, with the local currency hitting its highest against the UK pound since early 1985. The Aussie dollar surged to 66.59 pence in morning trading. It also jumped against other major currencies, surging to almost $US1.07 and jumping above 74 euro cents and 86 yen. The dollar gained more than 1 US cent overnight as investors cheered a vote in the Greek parliament to approve a plan to slash 28.4 billion euros ($38.9 billion) from government spending by 2015, in the first stage of a two-part vote aimed at unlocking ... (full story)