<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The Australian dollar has hit a nine-month high against the US dollar, leaving the currency on track to challenge a September 2024 high.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>This morning, the Aussie dollar was buying 65.82 US cents, which was helped along by improving risk appetite with US equity indexes nearing record highs.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>So far this year, the Australian currency has strengthened against the greenback by 4 US cents.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/multi-level-marketing-network-marketing-nucerity-sabrina-exclusive/03112f11-4270-46e7-ab25-97e1cdf5fdf7" rel="" target="" title="Sabrina joined a common 'side hustle' to make extra cash. It 'destroyed' her"><strong><span>Sabrina joined a common 'side hustle' to make extra cash. It 'destroyed' her</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The new high offers a promising sign the dollar is rebounding after </span><a href="https://www.9news.com.au/national/donald-trump-says-he-will-hold-trade-talks-with-australia/db8d1ed7-e7c9-4b30-aed1-c56a9222183e" rel="" target="_blank" title="US President Donald Trump's tariff announcements in April"><span>US President Donald Trump's tariff announcements in April</span></a><span>.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Investors </span><a href="https://www.9news.com.au/world/donald-trump-tariffs-live-updates-liberation-day-latest-politics-news-headlines/efe3d301-2104-4dd7-9ddf-808a8423e0dc" rel="" target="" title="pulled tens of billions of dollars from the share market"><span>pulled tens of billions of dollars from the sharemarket</span></a><span> in response to the wide-ranging tariffs.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Today, Trump threatened a 35 per cent tariff on goods imported from Canada, </span><a href="https://www.9news.com.au/world/donald-trump-tariffs-us-threatens-35-per-cent-canada-increase-to-20-per-cent-baseline/909fc795-cb0e-4aa5-a6ce-dbf1bee2618f" rel="" target="" title="with fears Australia's could double"><span>with fears Australia's could double</span></a><span>.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/national/australian-dollar-hits-nine-month-high-against-us-dollar/8207614b-7029-495a-8b60-5470a1735a35" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>If the Australian-US dollar breaks July highs, it would be the best levels since November.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The dollar could be on track to challenge the September 2024 high of 69.42 US cents.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The development comes after the </span><a href="https://www.9news.com.au/national/reserve-bank-of-australia-july-interest-rate-decision/6082c3d9-4eb8-4b91-98a4-6c0b6c574f69" rel="" target="_blank" title="Reserve Bank of Australia (RBA) has left interest rates on hold at 3.85 per cent"><span>Reserve Bank of Australia (RBA) left interest rates on hold at 3.85 per cent</span></a><span>.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The announcement defied the expectations of economists and struggling mortgage holders.</span></div></div>