Lets Trade the News!
I would like to take a moment to point you guys towards a great tool that I use from MaXeY over at ForexFactory which helps greatly when analyzing news items for trades. It is an xls file which provides history and average movements for all the major economic news items. You will need an excel viewer to view the file. Credits go to MaXeY. You can follow the forum thread here.
Microsoft Excel Viewer
Economic Report v4.0
Microsoft Excel Viewer
Economic Report v4.0