If we place a bar magnet along the x axis, the magnetic field near its poles would be parallel to the x axis. Now, let's bring a circular loop near the the magnet, moving the loop along the x axis. Notice that the electrons in the loop are then moving parallel to the magnetic field, so there should be no force on them and hence no current. But Lenz's law says that there will be an induced current. Where have I gone wrong?
- Is is because the magnetic field near the poles is not exactly parallel to the x axis?
- Or is there some other force moving the electrons and thus creating a current?
I found this question but I'm afraid I understood none of the answers except the one by Holger Fielder, which I understood to some extent only.