The ISM Manufacturing PMI (Purchasing Managers’ Index) is based on a survey of purchasing managers in the manufacturing sector. Respondents are surveyed for their view of the economy and business conditions in the US. A reading which is higher than the market forecast is bullish for the dollar.
Here are all the details, and 5 possible outcomes for USD/JPY.
Read the rest of the article USD/JPY: Trading the US ISM Manufacturing PMI