The U.S. dollar gained ground against Taiwan's currency in early Taipei trading, a small plus for Taiwanese exporters and a minus for importers.

• The greenback opened stronger on the Taipei foreign exchange market, edging up from the previous close.
• A stronger dollar makes Taiwanese goods cheaper abroad, which helps the island's big electronics exporters.
• It also makes imported goods and fuel more expensive for people in Taiwan.
• Taiwan stocks opened lower the same morning, even as factory activity hit its fastest growth in five years.

Outlook: Small currency moves like this usually track wider dollar strength, so the direction will hinge on what the Fed and global markets do next.