ISM Non-Manufacturing Employment comes in at 47.8 against 48.4 consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The ISM Non-Manufacturing Employment index for the United States was released at 47.8 today, September 3, 2026, at 14:01 UTC. This figure came in below the market consensus expectation of 48.4. The actual print also registered a surprise of -1.2% compared to the consensus. The previous month’s reading was 47.4.
Following the release, the US Dollar showed varied reactions against major currencies. AUDUSD moved -3.8 pips 15 minutes after the release, while EURUSD moved -2.0 pips and GBPUSD moved -2.0 pips over the same period. NZDUSD saw a -1.1 pip change, and USDCAD moved -2.3 pips. USDCHF gained 6.5 pips, and USDJPY saw a minimal change of +0.1 pips. Gold, XAUUSD, moved -26 pips 15 minutes post-release. These initial movements are generally smaller than the median 1-hour moves observed after past releases of this event, which typically see AUDUSD move 11 pips, EURUSD 14 pips, GBPUSD 18 pips, NZDUSD 11 pips, USDCAD 13 pips, USDCHF 11 pips, USDJPY 14 pips, and XAUUSD 33 pips.