Slovak crown in tight range, market sees room for gains

...for gains in the short term due to positive 
global sentiment. 
    The crown was at 33.525 per euro  as of 1335 GMT, 
little changed from 33.540 seen late on Wednesday before the 
market closed for holiday on Thursday. 
    The Slovak unit has moved in a tight range of 33.480-33.580 
per euro this week. 
    "Global mood seems favouring carry trades now so the coming 
days are likely to be bullish on the crown," ING Bank wrote in a 
market note.  
    The market will watch the release of several economic 
indicators next week, with the main focus on May foreign trade 
balance on Thursday. 
    A Reuters survey showed analysts expecting foreign trade 
deficit of 1.6 billion crowns in May after a 1.2 billion crown 
gap in April. 
    Traders said data near market expectations should not affect 
the crown, while bigger than predicted deficit could be a 
negative impulse for the currency. 
-----------------MARKET SNAPSHOT AT 1340 GMT------------------- 
Crown/Euro  33.525 vs 33.540 on Wednesday (+0.04) 
Crown/Dollar  24.640 vs 24.700 (+0.24 pct)  
5-yr govt bond  yield 4.648/4.468 pct 
7-yr govt bond  yield 4.832/4.633 pct 
--------------------------------------------------------------