The U.S. dollar slipped against Taiwan's currency in early Friday trading, a small win for Taiwanese importers and a mild headwind for the island's exporters.

• The dollar opened the session lower against the Taiwan dollar than where it closed the day before.
• A weaker dollar makes imported goods cheaper for Taiwan but trims the earnings that exporters bring home.
• Taiwan's stock market also opened higher the same morning, pointing to steady risk appetite.
• Taiwan's main economic gauge has now flashed its strongest "red" reading for eight months straight, a sign the economy is still running hot.

Outlook: With the economy still overheating and stocks firm, the Taiwan dollar looks likely to stay supported near term.