NZ cash rate 2%, going to nearly 4%. AUD cash rate 0.35%. Say goodbye to AUD/NZD

The RBNZ began hiking in October last year. The RBA joined in just a couple of weeks back.

Today the RBA said it projects the cash rate will peak at 3.95%.

The RBA's Luci Ellis says she doesn't know:

• cannot predict where the top will be for the cash rate

AUD/NZD smashed: