Goldman Sachs announced on Tuesday that it has raised the odds of a Fed taper announcement in November to 45% from 25% previously, as reported by Reuters.
The investment bank further added that it expects the Fed to taper by $15 billion, split between $10 billion in USTS and $5 billion in MBS.
Market reaction
This report doesn't seem to be having a significant impact on the USD's performance against its major rivals. As of writing, the US Dollar Index was posting small daily gains at 93.01.
