TerminalEmulator is preset to match Xubuntu theme, but it is rather low contrast and I would like to use other theme.
The standard ones, like Tango and Linux Colors are enough, any ideas?
cp /etc/xdg/xdg-xubuntu/xfce4/terminal/terminalrc ~/.config/xfce4/terminal/
I guess digging a bit more did the trick:
~/.config/Terminal/terminalrc is responsible for the color settings that can be easily customised.
In 14.04 terminalrc was moved to /xfce4/terminal. Execute
rm ~/.config/xfce4/terminal/terminalrc and restart terminal. All terminal settings (text, colors) will be reset to default