- Reviewed by James Stanley, Nov. 24, 2021
The ISM manufacturing index plays an important role in forex trading, with ISM data influencing currency prices globally. As a result, the ISM manufacturing, construction and services indicators can provide unique opportunities for forex traders, which makes understanding this data (and how to prepare for its monthly release) essential.
Talking points:
What is ISM?
How ISM impacts currencies
How forex traders use ISM data