(Bloomberg) -- After the euro’s best month since 2010, traders counting on a traditional year-end rally may be disappointed.Most Read from BloombergOPEC+ Latest: Group Agrees to Keep Oil Production UnchangedElon Musk Says Apple Is ‘Fully’ Advertising on Twitter AgainThis Stock Strategist Says We’ll See 5% Inflation for the Next DecadeTrophy Rolex, Patek and Audemars Piguet Prices Skid to Pre-Boom LevelsMusk Hails Release of Twitter Emails on Hunter Biden StoryHistory shows the single currency te
European shares, the euro and government bond prices fell after U.S. jobs data came in above expectations, challenging hopes that the U.S. Federal Reserve may start slowing the pace of its interest rate hikes. The euro fell 0.8% to as low as $1.0430, having earlier traded a fraction higher on the day, and the pan-European STOXX 600 plunged to a session low after the data and was last down 0.4%. Euro zone government bond yields, which move inversely with prices, reversed earlier falls.
Yahoo Finance’s Jared Blikre breaks down how stocks are trading following the November jobs report.