CTRL+C Copy
CTRL+I Italics
CTRL+O Open an item
CTRL+U Underline
CTRL+V Paste
CTRL+X Cut
CTRL+Z Undo
CTRL+F4 Close the active document
CTRL while dragging Copy selected item
CTRL+SHIFT while dragging Create shortcut to selected iteM
CTRL+RIGHT ARROW Move the insertion point to the beginning of the next word
CTRL+LEFT ARROW Move the insertion point to the beginning of the previous word
CTRL+DOWN ARROW Move the insertion point to the beginning of the next paragraph
CTRL+UP ARROW Move the insertion point to the beginning of the previous paragraph
SHIFT+DELETE Delete selected item permanently without placing the item in the Recycle Bin
ESC Cancel the current task
F1 Displays Help

This is very nice post about XP short cut.
It is very useful for everyone.