Slovak crown hovers near all-time highs vs euro

    BRATISLAVA, Nov 22 (Reuters) - The Slovak crown on Wednesday 
hovered near its lifetime high against the euro hit in the 
previous session, and dealers said bullish regional sentiment 
may push the unit beyond a key 35.5 mark in the near term. 
    The currency briefly touched a record peak of 35.495 per 
euro on Tuesday, fuelled by continuing capital inflow into 
central European assets. 
    At 0840 GMT, the crown was quoted at 35.535 per euro, barely 
changed from Tuesday's close <EURSKK=>. 
    "Liquidity is low and the market is overbought. A small 
amount of capital may be enough to drive the crown to 
35.300-35.250 per euro levels," one dealer said. 
    The crown is the best performing currency in central Europe 
this year, gaining 6.5 percent against the euro. It has been 
also buoyed by a record 9.8 percent GDP growth in the third 
quarter. 
    However, some analysts saw a correction on profit taking in 
the coming weeks, given the currency's sharp 2.9 percent 
strengthening over the past month. 
    The crown is now 8.3 percent above its central parity within 
the Exchange Rate Mechanism 2 (ERM 2), which Slovakia joined in 
late November 2005. 
----------------MARKET SNAPSHOT AT 0840 GMT------------------- 
Crown/Euro <EURSKK=> 35.530 vs 35.530 on Tuesday (+0.09 pct) 
Crown/Dollar <SKK=>  27.605 vs 28.715 (+0.39 pct) 
5-yr govt bond <SK5YT=RR> yield unchanged at 4.424/4.226 pct 
8-yr govt bond <SK8YT=RR> yield 4.309/109 vs 4.309/4.108 pct 
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 ((Reporting by Martin Santa, editing by Chris Pizzey; Reuters 
Messaging: martin.santa.reuters.com@reuters.net; +421 5341 
8402)) 
  Keywords: MARKETS SLOVAKIA CROWN MORNING