What news announcements to avoid trading in?

Hi everyone

I've noticed that it is quite easy to get burned while trading during certain types of news in forex.

I was wondering if some of you could list which types of news items are the the most dangerous to a new forex trader?

Also, if anyone can suggest a book that goes into the details of various news items in forex please let me know

I wouldn't mind learning some fundemental things as well such as, if oil goes up then the euro rises in value and usd goes down in value etc. Or when gold goes up the usd goes down etc. So any books on understanding fundementals in a general sense would be fantastic as well.

I am a technical trader but I'm lost with the different types of news that gets released and what impace they have on various currency pairs.

Anytime that Bernanke, King & Trichet(the 3 wise monkeys) are due to open their mouth's, is a good time to sit on your hands!
Ditto US NFP's and any interest rate announcements.
Chapter 7 of 'Forex Made Easy' by James Dicks, has a decent-ish summary of the fundamentals to watch out for.
Hope this helps.

Many thanks, I'll take a closer look at those things.