YEN & EUR (89.67 & 1.3483) - Dlr yen & eur/usd received a big bashing right at Asian opening as reported earlier, hedge funds, U.S., European n Japanese names were aggressive sellers of eur/yen, cross briefly penetrated previous 120.70 low n fell to 1-year low of 120.62. Despite talk of Asian sovereign buying interest on eur/usd abv 1.3443, selling pressure has overwhelmed bids. Rumour of option barriers at 1.3400 & 120.00 respectively but as intra-day decline is over-extended, these lvls look safe for now.