The US ISM Manufacturing PMI is due Monday, August 3 at 14:00 UTC, making it the session’s marquee US data point. As one of the earliest monthly reads on factory activity, it draws close attention from dollar-focused desks.

What the ISM Manufacturing PMI measures

The ISM Manufacturing PMI is a survey-based index built from responses on new orders, production, employment, supplier deliveries and inventories across US manufacturers. A reading above 50 signals expansion in the sector, while a reading below 50 points to contraction.

Markets watch it because it is timely and often moves expectations for broader US growth and Federal Reserve policy. The forecast stands at 54.0, up from the previous reading of 53.3, keeping the survey in expansion territory on both counts.

How the USD-linked instruments are trading

Our feed shows notable moves across dollar-quoted crypto instruments ahead of the release. ADAUSD leads, trading at 0.1887, up 8.45% on the day.

GRTUSD sits at 0.0145 (+3.57%), alongside LNKUSD at 8.347 (+3.57%). BCHUSD trades at 213.62 (+2.84%), while BNBUSD is at 588.67 and SOLUSD at 73.67, both up 2.56%.

These are factual snapshots of current levels and the day’s move, not projections tied to the data.

The number is watched as a gauge of US manufacturing momentum and how it may color the growth and rate outlook.

Descriptive market news from the ForexBullion Research Team. Not investment advice.