The dollar rose to a two-week high against the yen on Monday after Japan posted a record trade deficit in the fiscal year ended in March, though tensions in Ukraine were likely to limit losses on the safe-haven Japanese currency.
The greenback has gained for seven straight sessions versus the yen, with the euro also strengthening to a two-week peak against the Japanese unit in light holiday trading. Many of the European markets are closed due to the Easter Monday holiday.
The yen slid after data showed a much weaker-than-expected rise of 1.8 percent in Japan exports in March from a year earlier, compared with forecasts for a 6.3 percent gain.
The country's trade balance stood at a deficit of 1.446 trillion yen ($14.14 billion) in March, against a shortfall of 1.070 trillion yen expected, after logging a record trade gap of 2.79 trillion yen in January. That marked a record 21-month run of deficits.