ISM Non-Manufacturing Prices Paid comes in at 74 against 76.9 consensus

The ISM Non-Manufacturing Prices Paid index for October 5, 2026, came in at 74. This figure was below the consensus expectation of 76.9. The actual print also marked an increase from the previous release, which stood at 72.6. The surprise against consensus was -3.8%.

Following the release, the US Dollar showed varied movement against major pairs over the initial 15 minutes. AUDUSD was up 4.6 pips, EURUSD gained 2.7 pips, and GBPUSD rose 9.0 pips. NZDUSD saw a minor increase of 0.3 pips. USDCAD moved down 2.3 pips, USDCHF was up 1.4 pips, and USDJPY declined by 5.4 pips. Gold, XAUUSD, increased by 64 pips. Compared to historical median 1-hour moves, the initial 15-minute reactions for most pairs, such as AUDUSD’s 4.6 pips against a median of 10 pips, EURUSD’s 2.7 pips against 13 pips, and USDJPY’s -5.4 pips against 14 pips, were relatively small. GBPUSD’s 9.0 pips against a median of 18 pips and XAUUSD’s 64 pips against a median of 34 pips were more notable.