Further monetary easing likely in Singapore, India, China and Indonesia

More broadly, the USD to generally likely remain on a strong footing against most AXJ currencies as the Fed inches closer to the first rate hike, while many Asian central banks have an explicit easing bias amid low inflation. 

Standard Chartered notes...

• Within Asia, we expect some divergence in currency performance - a few Asian central banks are much more likely to ease than others in the coming months. 
  
  
• We expect further easing from China, India, Indonesia and Singapore.