ISM Non-Manufacturing PMI comes in at 54.1 against 54.3 consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The ISM Non-Manufacturing PMI for August 2026 was released at 54.1. This figure came in below the consensus estimate of 54.3. The previous month’s reading was 54.0. The actual print represented a -0.4% surprise compared to the consensus forecast.
Following the release, the US Dollar saw varied movements against major pairs. AUDUSD rose 7.0 pips 15 minutes after the release, while EURUSD gained 9.4 pips. GBPUSD increased by 13 pips, and NZDUSD was up 5.7 pips. USDCAD fell 7.8 pips, USDCHF dropped 11 pips, and USDJPY declined by 16 pips. Gold, XAUUSD, saw a significant rise of 227 pips within 15 minutes. For context, the median 1-hour move for EURUSD after past releases is 14 pips, and for XAUUSD it is 33 pips. The 15-minute moves for most currency pairs were relatively small compared to their typical 1-hour median moves, while XAUUSD’s move was notably larger than its typical median 1-hour move.