HONG KONG (MarketWatch) -- Japan posted a trade deficit of 952.6 billion yen ($9.92 billion) in January, reportedly its largest ever, as exports continue to drop at a faster pace than the fall in its imports, according to data released Wednesday. The deficit was lower than the 1.13 trillion yen expected by economists, according to FactSet. Exports tumbled 45.7% and imports slipped 31.7% during the month, figures from the ministry of finance showed. The U.S. dollar was recently buying 96.73 yen in Asia, compared with 96.76 yen earlier in New York. USD / JPY 96.68. JPY safe haven ? LOL !!