Long term forecast

UBS says: 
“We revise our year-end 2010 forecasts to EURUSD 1.30 and leave our USDJPY forecast at 95.0. Many of these same factors-especially growth differentials and the diminished status of the euro owing to sovereign uncertainty-are likely to remain intact into 2011. Accordingly, we forecast EURUSD at 1.25 by the end of 2011. We retain the view that the yen will remain more stable, with a year-end 2011 forecast of USDJPY 90.0.”
That is:
Short EURUSD as 2010 long term trade
Long USDJPY as 2010 long term trade