ISM Manufacturing Prices Paid preview: Consensus points to a decline from 73

The ISM Manufacturing Prices Paid index for the United States is scheduled for release on August 3, 2026, at 14:00 UTC. Market consensus anticipates a reading of 65.7, a notable decrease from the previous month’s figure of 73. This indicator is closely watched by market participants and central bankers alike, as it provides insights into inflationary pressures at the manufacturing level, carrying a high impact rating for the USD.

Historically, this release has been associated with significant market movements. After past releases, AUDUSD has seen a median 1-hour move of 11 pips, with top-quarter releases moving 20+ pips. EURUSD has also experienced a median 1-hour move of 11 pips, with top-quarter releases moving 20+ pips. GBPUSD typically sees a median 1-hour move of 16 pips, with top-quarter releases moving 28+ pips. NZDUSD has a median 1-hour move of 8 pips, with top-quarter releases moving 16+ pips. For USDCAD, the median 1-hour move is 11 pips, with top-quarter releases moving 21+ pips. USDCHF has a median 1-hour move of 11 pips, with top-quarter releases moving 21+ pips. USDJPY has a median 1-hour move of 14 pips, with top-quarter releases moving 27+ pips. Gold, XAUUSD, has shown a median 1-hour move of 35 pips, with top-quarter releases moving 60+ pips.

The most recent actual reading for ISM Manufacturing Prices Paid was 73 on July 1, 2026. Prior to that, the index registered 82.1 in June, 84.6 in May, 78.3 in April, 70.5 in March, and 59 in February. These past releases were accompanied by varying EURUSD 1-hour moves, including 0.0 pips in July, +7.6 pips in June, +5.5 pips in May, +11 pips in April, -37 pips in March, and -29 pips in February.