The U.S. dollar edged up against the Taiwan dollar on Monday, a small move that mildly favors Taiwanese exporters and hurts importers.

• The greenback finished slightly stronger against the Taiwan dollar, closing near NT$31.85.
• Trading was steady rather than dramatic, with the dollar drifting inside a narrow band all session.
• Turnover was moderate, pointing to no big rush in or out of either currency.
• Taiwan's stock market fell about 1% the same day, hinting at cautious mood among local investors.

Outlook: With no clear pressure in either direction, the pair looks set to keep trading in a tight range unless the Fed or fresh trade news shakes it loose.