Slovak crown eases from 15-week peak vs euro

...was still 
likely to attack a psychological 33.0 level in the short run. 
    At 1600 GMT, the crown was at 33.169 per euro , 
compared with 33.070, its strongest level since July 24, seen 
earlier in the session. It closed at 33.175 on Tuesday. 
    "The crown trading was mainly influenced by majors, the euro 
and the dollar, which were driving the whole region," said 
Slovenska Sporitelna dealer Vladimir Gajdos. 
    "It went to 33.070 but correction in the region, on the leu, 
the forint and the zloty, pushed it as far as 33.220," he said. 
    The dollar fell on Wednesday to a historic low of $1.473 per 
euro  as investors bet on further U.S. interest rate cuts. 
    Market watchers expected the crown to test 33.0 per euro 
soon, but some said there was probably not enough momentum for 
push beyond its March record peak of 32.710. 
    "The crown broke through the 33.200 per euro resistance 
yesterday. That paved the way for gains to 33.0," said Lucia 
Sramkova, senior economist at ING Bank in Bratislava. 
    "Approaching the 33.0 figure will strongly depend on 
continuation of the supportive mood in the CE4 region," she 
wrote in a note. 
    The crown has firmed 4.1 percent against the euro this year, 
helped by robust economic growth, strong investment inflows and 
prospects for joining the euro zone in 2009. 
------------------ MARKET SNAPSHOT AT 1600 GMT ----------------- 
 Crown/euro  at 33.169 vs 33.175 on Tuesday (+0.02 pct) 
 Crown/dollar   22.560 bid vs 22.776 (+0.96 pct) 
 5-yr govt bond  yield 4.656 pct bid vs 4.703 
10-yr govt bond  yield unchanged at 4.800 pct bid 
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   (Reporting by Martin Dokoupil, editing by Mike Peacock) 
   
 
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  Keywords: MARKETS SLOVAKIA CROWN/AFTERNOON 
    

[BRATISLAVA/Reuters/Finance.cz]