CANADA FX DEBT-C$ slightly weaker as U.S. election eyed

* C$ at C$0.9964 to US$, or $1.0036
    * Investors seen paring back on riskier assets ahead of vote
    * Pending Greek austerity vote weighs on euro, global tone

    By Alastair Sharp
    TORONTO, Nov 5 (Reuters) - The Canadian dollar weakened
slightly against its U.S. counterpart on Monday, following the
cautious tone in a raft of commodities as investors limit
exposure to riskier assets ahead of Tuesday's U.S. presidential
    The vote will be closely watched by financial markets, with
incumbent Barack Obama seen as more supportive of continued
stimulus measures, while Republican challenger Mitt Romney is
expected not to favour additional easing. 
    "The move in the Canadian dollar is consistent with the move
in most of the currencies that trade as risk proxies," said Adam
Cole, global head of foreign exchange strategy at Royal Bank of
Canada. "It may be the uncertainty of the U.S. election as one
    At 8:01 a.m. (1301 GMT) the Canadian dollar was
trading at C$0.9964 to the greenback, or $1.0036, compared with
C$0.9956, or $1.0044, at Friday's North American close.
    Gold and oil were steady, while copper hit a two-month low.
    RBC's Cole said that worries about a Greek vote on Wednesday
over austerity measures was keeping the euro under pressure and
adding to the more cautious overall tone. 
    The Canadian currency strengthened against the euro
, the British pound and the Swiss franc
    The price of Canadian government debt rose across the curve,
with the two-year bond up 2 Canadian cents to yield
1.059 percent, while the benchmark 10-year bond rose
15 Canadian cents to yield 1.754 percent.