NZD/USD halts its winning streak that began on January 16, trading around 0.6050 during the Asian hours on Friday. The NZD/USD pair may regain its ground as the New Zealand Dollar (NZD) could receive support from increased bets of a near-term interest rate hike by the Reserve Bank of New Zealand (RBNZ). The US dollar (USD) advanced on speculation that President Donald Trump will nominate former Fed Governor Kevin Warsh as the next Federal Reserve chair. Trump said late Thursday he would announce his choice on Friday morning, with markets favoring Warsh, who is seen as a more hawkish option. However, gains in the greenback may be capped as elevated geopolitical tensions and policy uncertainty in Washington weigh on investor confidence.