News will affect all of the related currencies. If any happens which can make a change in NZD, it will create an impact on all NZD related pairs. SO you have to be very careful about that. I think trading with news is really an important thing in forex. If you do that, then there is a chance that you can do well consistently in forex. Trading based on news basically involves long-term trading.

News has a pervasive influence on traditional currencies, shaping the dynamics of global financial markets and impacting economic sentiment. Currency values, whether in the form of fiat currencies like the US Dollar or the Euro, are particularly responsive to news events. Economic indicators, political developments, and central bank decisions can trigger fluctuations in exchange rates.

Positive economic news, such as strong employment figures or robust GDP growth, tends to strengthen a currency as it fosters confidence in the economic outlook. Conversely, negative news, such as geopolitical tensions or economic downturns, can lead to depreciation as investors seek safer assets.

Central bank announcements, interest rate decisions, and monetary policy shifts are closely watched by traders and investors. Any unexpected news in these areas can result in significant currency movements.

In the interconnected global financial system, news regarding international trade, diplomatic relations, and major geopolitical events can also impact currency values. For instance, trade tensions between major economies can lead to currency devaluation.

In conclusion, news exerts a multifaceted influence on traditional currencies, affecting exchange rates and overall economic stability. As such, staying abreast of news developments is essential for anyone engaged in currency markets.

News affects not only currencies but also a wide range of financial assets. While currency pairs often react sharply to economic announcements like interest rate decisions or employment data, the ripple effects extend to stocks, commodities, and bonds. For instance, inflation news may boost gold prices as investors seek safe-haven assets. Similarly, geopolitical events can drive oil prices and impact energy-related stocks. Stock markets often respond to earnings reports, central bank statements, and political developments. Even crypto markets, though decentralised, react to regulatory news and macroeconomic trends. In short, news has a broad impact across financial markets, influencing investor sentiment, risk appetite, and capital flows beyond just the foreign exchange (forex) market.