* C$ ticks lower at 99.42 U.S. cents
* Bond prices edge higher, follow U.S. Treasuries
By Jennifer Kwan
TORONTO, Dec 6 (Reuters) - The Canadian dollar edged lower against the U.S. currency on Monday as the greenback rose on persistent fears about euro zone debt concerns.
Euro zone finance ministers meeting on Monday face IMF pressure to increase the size of a 750-billion-euro safety net for debt-stricken members to halt contagion in the single currency bloc. For more see [ID:nLDE6B40EJ].
"The U.S. dollar is fairly strong this morning so that's got Canada weakened off a little bit," said Camilla Sutton, chief currency strategist at Scotia Capital.
"There's just ongoing fears in Europe," she added.
At 8:00 a.m. (1300 GMT), the Canadian dollar was at C$1.0058 to the U.S. dollar, or 99.42 U.S. cents, down from Friday's finish at C$1.0033, or 99.67 U.S. cents.
The euro slid on Monday with concerns about weaker European economies undimmed. But shares were largely flat as euro zone worries were offset by the possibility of more money being injected into the U.S. economy.
Federal Reserve Chairman Ben Bernanke said on Sunday the U.S. central bank could end up buying more than the $600 billion in U.S. government bonds it has committed to purchase, if the economy failed to respond. [ID:nN05271909]
The price of oil, a key Canadian export, was largely flat at around $89 a barrel, while gold and copper prices were also little changed. [O/R] [GOL/] [MET/L]
Canadian bond prices were firmer across the curve, tracking U.S. Treasuries, where debt prices rallied after comments by Bernanke that more bond purchases were possible.
The two-year Canada bondwas up 5 Canadian cents at to yield 1.608 percent, while the 10-year bond gained 28 Canadian cents to yield 3.156 percent. (Editing by James Dalgleish)
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