The U.S. dollar gained ground against Taiwan's currency, a mild negative for Taiwanese importers and anyone holding local cash.

• The greenback closed higher against the Taiwan dollar after trading in a narrow range all session.
• Trading volume was light, suggesting no major shift in sentiment behind the move.
• A stronger dollar makes imported goods pricier in Taiwan but helps the island's exporters, who earn in dollars.
• Taiwan stocks also finished lower the same day, with traders positioning ahead of a futures settlement date.

Outlook: The Taiwan dollar looks set to stay under mild pressure while the greenback holds firm.