The U.S. dollar slipped against the Taiwan dollar in Tuesday trading, a small negative for the greenback and a mild positive for Taiwanese importers.

• The dollar lost a fraction of a cent against the Taiwan dollar and closed near NT$31.53.
• Trading volume was moderate, with no big swings during the session.
• A stronger Taiwan dollar makes imports cheaper but squeezes exporters like the island's chipmakers.
• Taiwan's chip firms are hiring more and widening their talent search, a sign the export economy is still healthy.

Outlook: The pair looks set to hold in a narrow range unless the Fed or Taiwan's central bank shifts course.