A large Australian company wishes to raise short-term capital and decides to do so in the US short-term money market (STMM) because interest rates in the US are lower than in Australia. It issues a 90-day USD $1,000,000 FV Corporate Note which is promptly bought by a US investor. The Australian company decides not to re-finance the Note and will have a USD $1,000,000 liability pay in 90 days using it’s AUD earnings.

Which of the following currency movements is not beneficial to the Australian company? (select multiple answers if correct)