The EUR/USD pair gains ground to near 1.1965 during the early Asian session on Friday. Unpredictable US trade policy and questions over the independence of the Federal Reserve (Fed) weigh on the US Dollar (USD) against the Euro (EUR). Concerns over US policy volatility could undermine the Greenback and create a tailwind for the major pair in the near term. However, if the reports show weaker-than-expected outcomes, this could drag the shared currency lower against the USD. On the US docket, the Producer Price Index (PPI) report and Fed’s Alberto Musalem speech will be closely watched.