Forex news comes in two categories. One tells you about what is happening with currencies and one actually affects currency prices.

The first group of forex news is historical, actual news. It tells us what has happened and is generally combined with an argument of why a currency price has shifted after the fact. Examples of this are the dollar went up because of home sales, the dollar went down because of the jobs report. Durable goods reporting will also affect currency price.

The second group of forex news is often reactionary. And may be related to the same information as the first group. The difference is in timing, after and before the release of the information. In the second category, the currency price changes because there is going to be an announcement