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You have $100 to invest for 1 year. You consider investing it in the US market at 2.53% or in the Brazilian market in BRL

You have $100 to invest for 1 year. You consider investing it in the US market at 2.53% or in the Brazilian market in BRL (Brazilian real) at 6.45%. The USDBRL spot rate is 3.87. Your FX analyst forecasts BRL will depreciate by 20%. If you were to rely on your analysts prediction and assume no capital controls, which investment would you choose? What are the risks associated with this trade?

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