In a press meet held in Chennai, S. Saminathan, Managing Director of Pyramid Saimira - the sole proprietor entitled to the worldwide rights of film 'Kuselan' - announced that all disputes related to the movie Kuselan had been settled amicably between the exhibitors and producers of the film. Head of distributors' association, Kalaipuli Shekar, and distributors Thirupur Subramaniam, Rajamannar, Srinivasan and Kavithalaya Kandhasamy were present in the press meet.

Rate reverses after highs at 1.2815 area attract profit-taking by the longs and selling by the shorts; rate dips to lows into the 1.2500 handle again. Bids support to hold rate firm after whipsaw. Two-way action still suggesting a point on indecision; traders note stops building above the market around the 1.2750 area in size suggesting short-term traders active; stops cleared and new buying turned back.

Traders report some semi-official interest the past 48 hours with possible sell interest at the highs today. Resistance is still formidable but large names on the dips traders say. On a rally, traders note large stops at the 1.2950 area with more over 1.3000 but offers likely to cap.

Overhead resistance around 1.5100 gives way to stops above lifting the rate to highs at 1.5250; failure and reversal suggests rate is set to rotate lower and test support around the 1.4820 area. Traders note stops above the 1.5100 handle we in size but new buying turned back.

Traders also note the same names seen in size on the bid the past few days. Resistance is expected to hold rate for a pullback and aggressive traders can buy that dip if it comes. Cross spreaders continue to hold interest near-term; profit-taking likely to result in a squeeze on the further strength. Technical trade overnight as traders decide near-term action with little to go on but the charts.

After early US data was unfriendly to the USD and the greenback suffered losses the USD roared back from lows and scored new highs against most major pairs in mid-day trade. Traders note that stops above the major pairs gave early strength a boost but once the buying dried up the majors reversed hard and fell back into lows. GBP failed to challenge overnight lows at 1.4903 but dropped to the low 1.5000 handle making for a hard reversal from the high prints at 1.5252.

According to Us Weekly's information from a source, Paris Hilton and her boyfriend, Benji Madden, have broken up after being together for nine months. The source revealed that the split came possibly because the 'Good Charlotte' guitarist Madden, 29, was 'overprotective and controlling' of Hilton, the 27-year-old socialite.

Sharing thoughts on why the couple called it quits, the source added: "Benji doesn't get along with any of Paris' friends. Friends thought Paris had changed since being with Benji, and she wants to be herself again."

Once the Space Shuttle Endeavour, which launched Friday, delivers the new unit - 'Water Recovery System' (WRS) - for installation on the space station, astronauts will soon be able to drink their own recycled urine and sweat! . Until now, urine has been dumped overboard, but WRS will ensure it does not go to waste - a system that could be critical to future human space travel.