Researchers have identified a curious phenomenon known as the Gotobi anomaly, where the USD/JPY rate tends to rise around 9:55 AM on days divisible by five. This pattern presents a potential Forex trading strategy. The anomaly can lead to wealth leakage for Japanese companies due to arbitrage opportunities if payments continue to be made on Gotobi days out of business custom.

Key Points:

• The Gotobi anomaly represents a recurrent rise in USD/JPY rates on specific days.
• A possible trading strategy has been validated that can exploit this anomaly for profit.
• There are implications for Japanese companies that transact on these days due to potential wealth leakage.
• The phenomenon’s recognition by investors can impact its viability as a trading strategy.

This study is noteworthy as it highlights the influence of cultural practices on financial markets. Further research might explore the anomaly’s long-term viability and its implications on global Forex trading strategies.