ISM Non-Manufacturing Prices Paid preview: Consensus anticipates price moderation
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The ISM Non-Manufacturing Prices Paid index is scheduled for release on September 3, 2026, at 14:00 UTC. Market consensus forecasts a reading of 68.2, a decrease from the previous month’s 70.3. This high-impact release provides insight into inflationary pressures within the US services sector, reflecting the prices businesses pay for goods and services.
Historically, this release has generated significant market movement. Our data shows that EURUSD has seen a median 1-hour move of 14 pips after past releases, with top-quarter moves exceeding 21 pips. GBPUSD has experienced a median move of 18 pips, with top-quarter moves over 29 pips. USDJPY has shown a median move of 14 pips, and top-quarter moves above 32 pips. Gold (XAUUSD) has also reacted, with a median 1-hour move of 33 pips and top-quarter moves over 67 pips. For USDCAD, the median 1-hour move is 13 pips, with top-quarter releases moving 26+ pips.
Recent prints have shown varied outcomes. The August 2026 actual was 70.3, following a forecast of 62. The July 2026 reading was 67.7. In June 2026, the actual was 71.3 against a forecast of 72.1. EURUSD 1-hour moves after these releases included +9.4 pips in August, +3.9 pips in July, and +9.0 pips in June.