BRATISLAVA, June 13 (Reuters) - The Slovak crown eased on
Wednesday as greater global risk aversion pushed Europe's
emerging markets down...
...again and dealers said central European
currencies were likely to stay edgy in the near term.
The crown was quoted at 34.355 per euro as of 0830
GMT, 0.4 percent weaker from 34.235 late on Tuesday.
"Expectations for stable or increasing U.S. rates stand
against emerging markets (including CEE markets) at the moment,
as the higher yielding safer assets attract more interest of
investors," Slovenska Sporitelna analysts wrote in a note.
Market watchers said investors would focus on U.S. producer
and consumer inflation data later this week for more clues on
monetary policy outlook in the United States.
Traders said the Slovak unit was likely to float in a wider
range of 34.000-34.450 per euro in the coming days, driven
mainly by the mood on bigger emerging markets.
----------------MARKET SNAPSHOT AT 0830 GMT-------------------
Crown/Euro 34.355 vs 34.235 on Tuesday (-0.35 pct)
Crown/Dollar 25.860 vs 25.705 (-0.60 pct)
5-yr govt bond yield 4.658/4.360 vs 4.600/4.424 pct
7-yr govt bond yield 4.818/4.618 vs 4.750/4.574 pct
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