The full terminal

Everything the desk sees. In one terminal.

WatchTower pulls the research, positioning and macro intelligence institutions rely on, corroborates it across sources, and distils it into a clear read on every asset, across G10 FX, metals and global indices. Here's the whole toolkit.

Start free → See pricing

Intelligence & news

The information layer institutions act on, corroborated, extracted and readable, not scraped headlines.

The WT Wire

A newswire that corroborates itself.

Every headline across FX, indices, commodities and geopolitics is cross-checked across multiple wires and sorted into confirmed, official and developing tiers. A confirmed print carries its source count; an official line is tagged to the primary source; a developing item is flagged as single-source until it's corroborated. You see the difference between a market-moving fact and an unverified rumour instantly, and genuine breaking news surfaces the moment it's confirmed.

access.watchtowerterminal.com

The WT Wire, corroborated cross-asset newswire

Institutional consensus · AI-extracted

Know where the smart money agrees, and who just changed their mind.

WatchTower reads every bank report and extracts each desk's thesis, conviction, price target and direction, then aggregates it across 30+ institutions. The overview surfaces overall sentiment, the most-covered asset, strongest bullish and bearish consensus, and an opportunity scanner for assets with directional agreement and multiple high-conviction calls. A recent-view-changes feed tracks exactly which banks have shifted stance, and when.

access.watchtowerterminal.com

Institutional research consensus, auto-extracted across banks

Original bank research

The PDFs the desks read every morning.

The actual research from ING, UniCredit, Westpac, Danske, MUFG, Berenberg and more, indexed by bank and date on a rolling window, updated daily, and readable inline. Filter by institution, open any report in place, download the source. No summaries standing in for the document, no paywall between you and the primary text.

access.watchtowerterminal.com

Per-bank views table — Per-bank views, targets, conviction and key driver, side by side, with history when a bank updates.

Market pulse briefing — A plain-English morning briefing, risk, data and positioning, distilled to what matters today.

Scoring & ranking

One transparent composite score per asset, built from six inputs, so the whole market's bias is legible at a glance.

The Research Desk

Every asset, scored and explained.

A single composite score per currency, metal and index, built openly from central-bank stance, COT positioning, retail sentiment, bank research, fundamentals and seasonality. Each component is shown with its own sub-score, alongside a full written narrative, drivers, monetary policy, activity & inflation, positioning, risks and catalysts, plus the relevant central banker and rate path. The reasoning is on the page, not hidden in a black box.

access.watchtowerterminal.com

The Research Desk, per-asset composite score and narrative

Asset Intelligence

The entire board, ranked at a glance.

Every currency, metal and index scored across the same dimensions and sortable by any column. Flip between the three universes and read the whole market's bias in one screen.

Asset Intelligence, currencies — Currencies, G10

Asset Intelligence, commodities — Commodities, metals & energy

Asset Intelligence, indices — Indices, global equities

Pair table

All 51 pairs, ranked and sortable.

Every tradeable pair scored and sorted, bias, carry, positioning and macro side by side, so the best-aligned setups rise to the top and the crowded ones stand out.

access.watchtowerterminal.com

Pair table, all 51 pairs ranked by composite score

Positioning & flow

Where the crowd actually sits, the extremes that precede squeezes and reversals.

COT & retail positioning

See who's offside before the market forces them out.

Speculative positioning from the CFTC weekly report across 19 assets, net positioning by asset, 52-week percentile, long/short split and the biggest weekly shifts, so you can spot a crowded long carrying squeeze risk or a washed-out short setting up a contrarian turn. Retail sentiment sits alongside it, because knowing where the crowd is wrong is half the edge.

access.watchtowerterminal.com

CFTC positioning landscape across assets

Macro & central banks

The rate picture and data flow that drive every FX move, mapped, compared and scored.

Central-bank tracker

Nine central banks, one policy landscape.

Every bank's stance, policy rate, real rate, distance from neutral, next expected move and meeting date, ranked from most restrictive to most accommodative, with the widest pairwise rate spreads called out as ready-made rate-differential trade ideas. Five years of rate history and the largest divergences complete the picture.

access.watchtowerterminal.com

Central bank policy landscape and stance comparison

Rate differentials matrix — Rate-differential matrix and inflation-gap view across every bank pairing.

Macro indicators matrix — The macro matrix, every release vs forecast and previous, with the surprise, plus 24-month history.

Charting & statistics

A full charting suite with the terminal's own data layered on, plus the statistics that frame a move.

WT advanced chart

Your chart, with the whole terminal layered on.

A full charting workspace across FX, metals and indices with WatchTower's own overlays, COT net, composite score, seasonal levels, key levels, supply/demand, sessions and more, toggled on and off as you need them. The context and the price action, finally on one screen.

access.watchtowerterminal.com

WT advanced chart with COT, score and seasonal overlays

Pair seasonality and forward paths — Seasonality, 5/10/15-year historical tendency and a 30-day forward path per asset.

Pair statistics, volatility, returns, distribution — Pair statistics, volatility, returns, drawdown, distribution and where price sits historically.

The whole toolkit is free to start.

Create an account and see your first read in under a minute, no card required.

Start free →