BRATISLAVA, Oct 18 (Reuters) - The Slovak crown stood little
changed against the euro on Wednesday after investors booked
profits late on Tuesday, prompted by the currency reaching
record highs, but traders said sentiment remained bullish.
The crown hit a record of 36.715 on Tuesday after Moody's
raised Slovak government debt ratings to "A1" from "A2" on the
country's solid record of structural reforms and economic
dynamism.
The crown traded at 36.800 to the euro as of 0720 GMT,
little changed from 36.750/800 late on Tuesday.
"There is a firming trend on the crown, but there also might
be a mixed interest to buy and sell after the rally," said Tatra
Banka dealer Boris Somorovsky.
Traders expected the crown to settle in a range of
36.650-36.900 per euro on Wednesday.
The crown was forecast to remain influenced by capital flows
on emerging markets, with dealers saying a monthly monetary
policy meeting at the end of October could provide new impetus
for the market.
----------------MARKET SNAPSHOT AT 0720 GMT-------------------
Crown/Euro <EURSKK=> 36.800 vs 36.750 on Tuesday (-0.13 pct)
Crown/Dollar <SKK=> 29.311 vs 29.294 (-0.06 pct)
5-yr govt bond <SK5YT=RR> yield 4.612/4.314 vs 4.627/4.327
9-yr govt bond <SK9YT=RR> yield 4.558/4.359 vs 4.588/4.388
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((Reporting by Martin Santa, editing by Mike Peacock; Reuters
Messaging: martin.santa.reuters.com@reuters.net; +40 21 315
8320))
Keywords: MARKETS SLOVAKIA CROWN OPEN