Philadelphia Fed Manufacturing Index preview: Consensus matches previous reading
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The Philadelphia Fed Manufacturing Index is scheduled for release on 2026-07-16 at 12:30 UTC. Market consensus anticipates a reading of 10.3, which aligns with the previous month’s actual figure of 10.3. This economic indicator is rated as high impact, providing valuable insights into the health of the manufacturing sector in the Federal Reserve’s Third District, an important component of the broader US economy.
Historically, this release has generated notable price movements across major currency pairs. After past releases, AUDUSD has seen a median 1-hour move of 7 pips, with top-quarter releases moving 11+ pips. EURUSD has experienced a median 1-hour move of 9 pips, with top-quarter releases moving 19+ pips. GBPUSD has shown a median 1-hour move of 12 pips, with top-quarter releases moving 23+ pips. NZDUSD has recorded a median 1-hour move of 7 pips, with top-quarter releases moving 11+ pips. USDCAD has seen a median 1-hour move of 10 pips, with top-quarter releases moving 17+ pips. USDCHF has moved a median of 7 pips, with top-quarter releases moving 14+ pips. USDJPY has had a median 1-hour move of 11 pips, with top-quarter releases moving 22+ pips. XAUUSD, gold, has shown a median 1-hour move of 28 pips, with top-quarter releases moving 59+ pips. Direction-reliability statistics are not yet available for this release.
Recent prints for the index include an actual of 10.3 in June 2026 against a forecast of 3, with EURUSD moving +0.7 pips. In May 2026, the actual was -0.4 against a forecast of 2.9, leading to a -5.0 pip EURUSD move. April 2026 saw an actual of 26.7 against a forecast of 3.3, with EURUSD moving -0.2 pips.