By default, text is aligned along the left edge of wherever you clicked. So if you clicked in the center of the canvas because you wanted to create centered text, click the Center Text button in the Options bar. Likewise, click the Align Right button to align the text along the right edge of wherever you clicked.
When you are satisfied with your text, click the check mark at the right end of the Options bar to commit the text to its layer. Alternatively, you can click any other tool in the toolbox or on a layer in the Layers palette to commit the text to its layer. To cancel the text layer, click the X button at the right end of the Options bar or press CTRL-. (Windows) or CMD-. (Mac).
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