The main problem is that once you´ve set a certain text color there´s no direct way to tell the text editor to use the default color instead.
Fortunately there´s an easy workaround. Mark the text whose color you want to change back to default, click # or <>, this wraps CODE or HTML tags around it, then hit Ctrl-Z (Undo). This removes the tags and gives the marked text the default text color.
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