The euro slid below the $1.17 mark, hitting its weakest level since December 9 and heading for its sharpest decline since October, following the US capture of Venezuelan President Nicolas Maduro. US President Donald Trump said Washington plans to temporarily “run” Venezuela and deploy US energy companies to the country, which holds the world’s largest oil reserves, boosting demand for the greenback amid heightened geopolitical uncertainty. Markets are also focused on monetary policy signals. The ECB indicated rates are likely to remain on hold, citing resilient growth and inflation near target, while President Christine Lagarde warned that high uncertainty complicates forward guidance. In the US, attention is on President Trump’s expected nomination of a new Fed chair in May, raising the prospect of a more dovish stance. Last year, the euro posted a strong 13.5% gain against the dollar, its best annual performance in eight years.