Eur/usd - 1.2895 ... The single currency extended y'day's selloff to 1.2830 on risk aversion as Fed, BOE, ECB n BOJ have given concerns over H2 slowdown together with data showing a slowdown in Chinese factory production. The downside risk of a double-dip recession n a deflationary spiral has increased over the past few months. However, profit-taking bids there lifted price n buying interest by Asian n sovereign names is now located at 1.2850 n 1.2830 with mixture of bids n stops is reported at 1.2800 option barrier. On the upside, offers are tipped at 1.2940/50 n 1.2990/00. Investors are focusing on the release of eurozone industrial production data at 09:00GMT.