The US dollar was slightly softer against the euro and yen in afternoon trading here, as the market digested the weak US data released overnight, dealers said. At 3.18 pm (0718 GMT) here, the euro was at 1.2082 usd, up from 1.2072 about three hours earlier in Tokyo. The dollar was at 109.26 yen, down from 109.30 earlier in Tokyo. The dollar eased overnight for the first time in a week after poor Treasury International Capital (TIC) flow data triggered profit-taking by speculators. The TIC report showed net foreign purchases of US portfolio securities in April were 47.4 bln usd, lower than the trade deficit in that month of 57 bln usd and well short of the 70 bln usd expected. The dollar came back a bit in the morning in Asia, although it stayed generally within its New York trading ranges as the euro came under renewed pressure ahead of the EU summit Thursday and Friday. "Yesterday's TIC report was a setback for the greenback, but a knockout blow it is not," wrote Bank of Tokyo-Mitsubishi Singapore economist Wong Keng Siong. The EU summit starts today with talks on how to respond to the French and Dutch "no" votes to the EU constitution, which have hurt confidence in the EU and raised concerns about its ability to carry out economic reforms.