looking back at friday's nfp / understanding news timing

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?
 
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