The Decrease in European FX Volatility During the Last Decade

Multiple Choice

The decrease in European FX volatility during the last decade has occurred because of

A) the stabilizing force of the euro.
B) reduction in inflation rates in European countries.
C) the reduced volatility in many emerging-market countries.
D) the greater volatilities of Asian currencies.
E) the stabilizing force of the euro and reduction in inflation rates in European countries.