thank you for the guidance, I was actually able to follow the steps and assign the current on the Z-Y plane (as shown on the picture below). I ran Eddy's current and Magnetostatic and both simulations give me errors.But these are different than the initial ones, I am able to run the simulation this time, but I am not able to get results because of the errors. I am not sure if it has to do with the location of the current, I tried to move it to the same location, but closer to the rod but that is not an option when I select the surface.Any suggestions here?
The pink location(Y-Z plane) is the one I selected to assign the current. I also tried X-Z plane and the same errors are generated
ERROR FROM EDDY CURRENT
ERROR FROM MAGNETOSTATIC
The pink location(Y-Z plane) is the one I selected to assign the current. I also tried X-Z plane and the same errors are generated
ERROR FROM EDDY CURRENTERROR FROM MAGNETOSTATIC 
You are navigating away from the AIS Discovery experience