With the high Aussie dollar, is now a good time to buy US shares?

As we covered recently, the Aussie dollar, our national currency, has been on fire over the past month or so, and is currently trading at a 2-year high.

Our Australian dollar is currently buying 75.18 US cents at the time of writing, but was buying as much as 75.72 US cents late last week.

Last week also saw the first time that the Aussie dollar has traded above 75 US cents since June 2018.

So with the Aussie riding high (and the greenback rising low), many ASX investors might be thinking that now is the time to buy US-listed shares. Since US shares are obviously traded in US dollars, a higher Aussie dollar means that these shares become relatively cheaper for us Australians to buy, since we first have to swap our dollars for…