Slovak crown marks time as it seeks direction

02.10.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

    BRATISLAVA, Oct 2 (Reuters) - The Slovak crown <EURSKK=> was 
rangebound against the euro on Monday with dealers saying it 
lacked a near-term impetus, leaving it exposed to swings on 
bigger regional markets. 
    The crown traded at 37.375 to the euro as of 1540 GMT, 
unchanged from late on Friday. 
    "The market is balanced .. there is no local news, 
volatility is low. We are waiting for a new impulse, and it will 
mostly likely be external," said Tatra Banka dealer Boris 
Somorovsky. 
    Political turmoil in neighbouring Hungary, Poland and the 
Czech Republic could all spark a move in the crown, dealers 
said. 
----------------MARKET SNAPSHOT AT 1540 GMT------------------- 
Crown/Euro <EURSKK=> 37.375 vs 37.375 ( 0.00 pct) on Friday 
Crown/Dollar <SKK=>  29.320 vs 29.463 (+0.48) 
5-yr govt bond <SK5YT=RR> yield 4.709/4.411 
9-yr govt bond <SK9YT=RR> yield 4.558/4.357 
-------------------------------------------------------------- 
 ((Reporting by Martin Santa, editing by  ; 
martin.santa@reuters.com; Reuters Messaging: 
martin.santa.reuters.com@reuters.net; +421-2 5341 8402)) 
  Keywords: MARKETS SLOVAKIA CROWN CLOSE 
    

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