• The NZD/USD rose above 0.6200 despite the USD holding its foot. 
• The US reported better-than-expected Confidence and Housing data ahead of the FOMC decision.
• China’s support package policies announcements boosted the NZD.

On Tuesday, the NZD/USD escalated higher despite the USD trading resilient against most of its partners. Ahead of Wednesday's Federal Reserve (Fed) decision, the US reported robust data which could limit the pair’s upside. On the Kiwi’s side, the NZD seem to be strengthening on the Chinese announcement of an economic support package that would benefit the Asian block.