Usually when general public knows about the news it is already too late.
Movements in the price occur prior to the news hitting mainstream outlets. It is good only for privileged
News can only be your guide in trading but don't depend on it, trading should be done using your indicators which is more reliable. Trading is quiet hard now because of FUD news that can easily move the market. Well it will still depend on your if you are ready to take the risk with that news or just focus on your trading strategies.