The Yen declined modestly versus the other majors. USD/JPY breached the 91 resistance level hitting a 6 week high. Japan's exports fell at the slowest pace in 14 months in November as demand from Asia supported the recovery from recession. Overall, USD/JPY traded with a low of 90.12 and a high of 91.22. Japanese banks will be closed today due to the Emperor's Birthday. Low liquidity and irregular volatility are expected.