Slovak crown flat, seen firming again to test cbank

...psychological barrier after a 
brief spike through it in the previous session. 
    The crown was at 33.040 to the euro as of 0815 GMT, 
unchanged from Monday's close. It touched 32.920 per euro on 
Monday after Fitch ratings agency raised the outlook on 
Slovakia's 'A' sovereign credit rating to positive from stable. 
    "We are convinced that appreciation pressures on the crown 
will persist, but the question is how far the central bank 
allows the currency to go," said Slovenska Sporitelna analyst 
Michal Musak. 
    Some foreign investors feared the central bank could refuse 
to drain crown liquidity from the money market when it holds a 
repo tender later on Tuesday as a measure against crown 
strength. 
    "We do not expect this at the current level of the crown, 
but we believe that this tool could be on the cards if the crown 
rallies further to 32.500-32.800 per euro," ING Bank said in a 
market note.