AUSTRALIAN DOLLAR & ASX 200 PRICE OUTLOOK: AUSSIE LEADS RECOVERY BUT STOCKS LAG The Australian Dollar has charged higher in recent weeks as it continues to recover lost ground from the abrupt declines suffered across all risk assets in late February and much of March. Now more than 13% off its March 18 low, AUD/USD has been a leader among growth-sensitive markets but its equity counterpart, the ASX 200, has lagged comparable indices in other developed regions. ASX 200 PRICE CHART: INDEX LAGS INTERNATIONAL COMPETITION