FX desk · Event pivot
ISM Manufacturing PMI: Forex impact today
Institute for Supply Management's monthly Manufacturing PMI. Diffusion index where 50 separates expansion from contraction; the prices-paid and new-orders sub-indices are watched as leading inflation and demand signals.
Cadence
Monthly, first business day
Pairs to watch · live spot
- DXY+0.00%27.95
US Dollar Index. Trade-weighted USD against EUR, JPY, GBP, CAD, SEK, CHF. The cleanest single ticker for the dollar trade.
CB: FEDBrief → - EUR/USD+0.03%1.1573
The most-traded currency pair in the world. Tracks ECB-Fed policy divergence, eurozone macro and the dollar trade-weighted index.
CB: ECB / FEDBrief → - USD/JPY+0.09%160.36
Cleanest single proxy for the global rate-differential trade. Carry-trade funder. Yen intervention triggers above 155 historically.
CB: BOJ / FEDBrief →
FAQ
- Which forex pairs move on ISM Manufacturing PMI?
- ISM Manufacturing PMI typically moves DXY, EUR/USD, USD/JPY. The strongest reactions historically come from the dollar pairs first, then the JPY and EM crosses.
- When is the next ISM Manufacturing release?
- Schedule pending — the next release is not yet on the calendar.
- Why does ISM Manufacturing PMI matter for forex traders?
- Institute for Supply Management's monthly Manufacturing PMI. Diffusion index where 50 separates expansion from contraction; the prices-paid and new-orders sub-indices are watched as leading inflation and demand signals.