The US dollar was slightly softer against the euro in quiet afternoon trading here, after the European currency sank following the resounding rejection of the EU Constitution in the Dutch referendum. Provisional final results from the Dutch referendum on the EU constitution indicate that 61.6 pct of voters said "No" to the charter. The euro sank to an 8-month low overnight in the wake of the vote, which followed the French rejection on Sunday. Poor economic data also continue to weigh on the single currency. The euro recovered somewhat in Asian trading on what some dealers said was a technical bounce. At 3.00 pm (0700 GMT) here, the euro was at 1.2244 usd, up from 1.2216 usd three hours earlier in Tokyo. The dollar was at 108.36 yen, down from 108.48 yen earlier in Tokyo. But even hints that the US Federal Reserve tightening cycle may be nearing an end and a fall in the US ISM manufacturing index to 51.4 in May from 53.3 in April failed to change the dollar's generally firm tone. The euro's slide overnight came despite a paring back of expected rate hikes in the US in response to Dallas Federal Reserve Board president Richard Fisher's having said: "We're clearly in the eighth inning of a tightening cycle." Barring news of a sharp slowdown in the US, the euro is set to test 1.2000 usd and then 1.1760 usd, said strategists at National Australia Bank (NAB) in Sydney. Against the yen, the dollar remained within its overnight range of 108.15-108.87 yen, and was not expected to break out in the Asian session. But the dollar retreated from a 108.87 yen high seen in late New York trade.