Eur/usd - 1.2925...Cross selling vs yen n chf pushed euro down to an intra-day low of 1.2883 b4 the single currency recovered on short-covering. Traders cite the news that U.S. President Obama is experiencing problems over the negotiation of a 'Bad Bank' with bank executives (reported by CNBC) as one of the reasons behind the selloff. Bids are reported at 1.2860/70 (for profit taking purposes) while offers are likely to emerge fm 1.2990 up to 1.3030...