The influence of the homogeneous magnetic field on a single mobile hol
e in a magnetic insulator, as represented by the two-dimensional t-J m
odel, is investigated by considering the coupling of the field to the
orbital current. The energy of the J=0 system is analyzed via the high
-temperature expansion and the small system diagonalization. The susce
ptibility is shown to be diamagnetic and diverging at low temperatures
T. In contrast, in the antiferromagnetic J>0 case small systems gener
ically reveal a tendency towards a paramagnetic response in larger fie
lds at low T. By employing at T=0 the cumulant expansion we study the
ground state in arbitrary B, showing a behavior very sensitive to the
character of the quasiparticle dispersion and the magnetic-field stren
gth. At low B the perturbation and small-system results are consistent
with a pronounced diamagnetic susceptibility at T-->0, but indicate a
suppressed contribution at intermediate T similar to J.