Are yen bears entering a "bear trap" as a cyclic high in the dollar looms?

Last week was a relatively quiet week in the forex market. This allowed the yen to weaken on the back of the poor economic numbers which continue to highlight how the dead cat bounce in the domestic economy during the global expansion years is now returning to haunt both the government and Bank of Japan.

The Fed's plans to print money sees the yen rally.

It took a while, but Japan’s economic plight has hit the yen.