unfortunately i am looking for you to explain this to me, not vice versa my understanding is the news was basically good, and so people left the dollar in search of higher-yielding currencies. looking back at pairs like usd/chf, aud/usd there is initial reaction right on the minute of the news, but it looks like the real move didn't come til 3-4 hours later. 1) does that seem like a correct summary of events? 2) if so, can anyone explain that timing?