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Ok, I understand now. By investing in USD, the probability of upside is two folds: (1) AUD value would come back, and (2) Lower US cost of debt. Thanks, IV :)

Hi IV, I feel I don't quite understand your logic here yet: With high AUD-USD exchange rate, we can benefit from borrowing / investing in USD + low US interest rate. Yet, is it correct any profit made over there would become less when profit is converted back to AUD? :confused: Thanks